Profit margin measures the income earned on each dollar of sales, and is calculated by dividing net income by net sales.
Answer the following statement true (T) or false (F)
True
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Which of the following statements is true?
a. Only the effects of internal transactions must be recognized and recorded in the entity's accounting system. b. An internal event is a transaction between an entity and its environment. c. Not all recognizable events are supported by a standard source document. d. Only the effects of external events must be recognized, measured, and recorded in an entity's accounting system.
The organization design in which an employee reports to both a country manager and a functional manager is a(n):
A) matrix structure. B) international division structure. C) geographic structure. D) worldwide product division structure. E) regional management center.
A(n) _____ is a set of programming instructions that performs some action on or with objects.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT a principle developed by Arthur W. Page for successful corporate public relations?
A) to create a system that draws questions and criticism from employees and outside publics up through the organization to management B) to make sure that management softens bad news, especially for employees, stockholders, and community members C) to prepare "contact employees" with knowledge needed to be reasonable and polite with the public D) to create a system that informs all employees about an organization's policies and practices