The base, or benchmark, on which all items on the income statement are compared is net sales
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is a similarity between a behaviorally anchored rating scale (BARS) and a behavioral observation scale (BOS)?
A. Both are cheap to develop. B. Both involve grouping employees into predefined frequencies of performance ratings. C. Both are developed from critical incidents. D. Both allow managers to rate the frequency with which each employee has exhibited effective and ineffective behaviors during the rating period.
Someone who is open minded
a. asks probing questions. b. shows respect for new and different ideas. c. demonstrates the ability to use icebreakers. d. none of these choices.
Which of the following forms of organizations have earnings that are taxed twice, once as business
income and once as personal income as the earnings are distributed to the owners in the form of dividends? A) limited partnerships B) general partnerships C) corporations D) both A and C
A typical company has many types of shareholders, from individuals holding a few shares, to large institutions that hold very large numbers of shares. How does a financial manager ensure that the priorities and concerns of such disparate stockholders are met?
A) The financial manager should seek to make investments that do not harm the interests of the stockholders. B) The decisions taken by the financial manager should be solely influenced by the benefit to the company since, by maximizing its fitness, he or she will also maximize the benefits of that company to the shareholders. C) The financial manager should consider the interests and concerns of large shareholders a priority so the needs of those who hold a controlling interest in the company are met. D) In general, all shareholders will agree that they are better off if the financial manager works to maximize the value of their investment.