Answer the following statement(s) true (T) or false (F)
1. Concern about the ethics of leaders is a relatively recent phenomenon.
2. Ethical theory provides a system of rules or principles that guide us in making decisions about what is right or wrong.
3. Deontological theory focuses primarily on the consequences (ends or purposes) of an individual’s actions.
4. The ethics of leaders have little impact on the ethical climate of their organizations.
5. Virtue-based theories of ethics focus on the conduct of leaders rather than who they are as people.
1. False
2. True
3. False
4. False
5. False
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Which of the following is NOT a statistic that is associated with the measures of location of frequency distribution?
A) mean B) mode C) median D) maxima E) C and D
The accounting concept that supports reporting revenues in the period in which they are earned is called the ________ concept
a. timing b. accounting period c. revenue recognition d. adjusting
The following partial balance sheet is provided for Groome Company: Liabilities and Stockholders' Equity Accounts payable$9,000 Salaries payable 12,000 Bonds payable (Due in ten years) 20,000 Common stock, no par 30,000 Retained earnings 54,000 Total liabilities and stockholders' equity$125,000 What is the company's quick (acid-test) ratio?
A. 16% B. 49% C. 33% D. Cannot be determined with the information given.
A hen just joined him up on the deck; what is the probability it is an Australorp?
The gentleman farmer kept chickens for the eggs, the splash of color in the yard, and because he found their gentle clucking to relax him as he worked on his laptop on his deck. Their movements around his yard gave meaning to the term random walk — you literally could not predict their location from one minute to the next. His collection of birds is neatly summarized in this table. Breed Rooster Hen Rhode Island Red 2 8 Buff Orpington 0 5 Barred Rock 0 6 Australorp 0 6 Leghorn 1 2 A) 0.18 B) 0.20 C) 0.22 D) 0.24