What is meant when the International Ombudsperson Association’s Code of Ethics says an ombudsperson must possess the trait of informality?
a. The ombudsperson must not have an attitude that turns away employees who are
seeking to report on an ethical issue.
b. The ombudsperson must not be a part of formal adjudicative or administrative
procedures for ethical issues raised.
c. The ombudsperson must seem like a friendly individual who is understanding of
organizational culture.
d. The ombudsperson does not use formal chains of command to report issues that
have been introduced to him.
b. The ombudsperson must not be a part of formal adjudicative or administrative
procedures for ethical issues raised.
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Why do firms make acquisitions? Provide an example of how a successful acquisition increased or protected shareholder value.
What will be an ideal response?
Which one of the following entries includes the initial application of indirect labor to production?
a. Work in Process Inventory XX Overhead XX b. Overhead XX Work in Process Inventory XX c. Overhead XX Factory Payroll XX d. Factory Payroll XX Overhead XX
Job satisfaction questionnaires should always ______ to encourage employees to tell the truth.
A. use the faces scale B. be anonymous C. use the job satisfaction survey or a similar test D. be reviewed for bias
In a consolidated financial statement:
a. the parent consolidates with a subsidiary. b. the parent does not consolidate with a subsidiary unless it is 100% owned. c. the cash basis is required. d. only the equity sections of the financial statements are consolidated.