How many months of the year should be illustrated in the first pro forma income statement?
a. 3
b. 8
c. 6
d. 12
ANSWER: d
You might also like to view...
Personal Care Products recently introduced a new acai berry shampoo. Rinn, director of new product development, has just reviewed the dismal results. As it appears that his team adequately researched the product's acceptance by consumers prior to its introduction, he is confused by the outcome. But to keep his team open to innovation, Rinn should
A. step down as director. B. fire and replace the team lead as an example to others. C. foster an innovative culture and climate that permits experimentation, risk taking, and failure. D. ignore the product failure. E. demote the team leader.
Harley-Davidson promotes its motorcycles with images of independence, freedom, and power. Harley-Davidson has created a ________
A) motive B) life-cycle stage C) self-concept D) brand personality E) self-actualization need
Answer the following statements true (T) or false (F)
Fundamentally, a labor union is a group of workers who join together to influence the nature of their employment. The widening gap between the richest and poorest individuals in the U.S. is in part due to the weakened position of labor unions. When an employer uses an employee suggestion box to gather ideas and concerns from its employees, it is primarily addressing the labor relations goal of efficiency. The goals of efficiency, equity, and voice in the workplace rarely conflict with one another. A key role of unions is to negotiate work rules and practices that ensure fair treatment of employees by their managers and employers.
In path goal theory, employees seek less autonomy in less difficult tasks.
a. True b. False