Industrial Solvents, Inc, averages $15,000 profit per day before deciding to ignore air pollution standards, after which the average is $50,000. Industrial Solvents is subject to a fine of
A) $0
B) $15,000 per day.
C) $50,000 per day.
D) $65,000 total.
C
You might also like to view...
When the bonds are sold for more than their face value, the carrying value of the bonds is equal to
a. face value b. face value plus the unamortized discount c. face value minus the unamortized premium d. face value plus the unamortized premium
The second step in calculating dollar-value LIFO is to
A) compute the change in the inventory level for the year at base-year cost B) roll back the ending inventory cost to base-year costs C) value the total ending inventory at current-year costs D) roll forward the increase to current-year cost by applying the current-year conversion index
A sales territory is a group of present and potential customers assigned to a salesperson
Indicate whether the statement is true or false
Prescribing policies and operating procedures aids the task of implementing strategy by
A. placing limits on ineffective independent action and channeling efforts of individuals along a path more conducive to good strategy execution and operating excellence. B. acting as a powerful lever for changing employee attitudes about the need for a different incentive and reward system. C. helping ensure that worker eligibility for incentive bonuses is measured consistently and awarded fairly. D. fostering the use of best practices, TQM, Six Sigma, and continuous improvement efforts. E. helping build employee commitment to strengthening the company's core competencies and competitive capabilities.