Which of the following is the best description of accounting's role in business?

A) Accounting provides stockholders with information regarding the market value of the company's stocks.
B) Accounting provides information to managers to operate the business and to other users to make decisions regarding the economic condition of the company.
C) Accounting provides creditors and banks with information regarding the credit risk rating of the company.
D) Accounting is not responsible for providing any form of information to users. That is the role of the Information Systems Department.


B

Business

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An Individual Coaching for Effectiveness program is designed to

A. attract and retain ambitious managerial employees. B. help managers with dysfunctional behavior. C. improve the technical skills of employees. D. help prepare managers for overseas assignments. E. reduce the effects of the glass ceiling.

Business

When she is with her musician friends, Tamar uses the word hot to describe music they create. She is aware that this is a good term because she is knowledgeable of its ______ meaning among her musician friends.

a. social b. connotative c. phonemic d. denotative

Business

One of the three key managerial tools for leveraging culture for performance is ______.

A. managing culture through socialization and training B. attraction-Selection-Attrition C. letting the culture organically develop D. being sure all employees know they must fit it

Business

Companies that cooperate extensively with competitors:

a. often do so because they are desperate. b. experience a lower return on equity than companies that have an intermediate level of competitor alliance intensity. c. experience a higher return on equity than companies that have an intermediate level of competitor alliance intensity. d. experience about the same return on equity as companies that have an intermediate level of competitor alliance intensity. e. should try to "beat" the alliance partner.

Business