The position of chief financial officer (CFO) is typically a staff position.
Answer the following statement true (T) or false (F)
True
The position of chief financial officer (CFO) is typically a staff position.
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The retail sector plays a key role in developed economies.
Answer the following statement true (T) or false (F)
In the story about Stuart Mease at Virginia Tech, Stuart gave an example of an ethical dilemma. Which of the following was this ethical dilemma?
a. Taking a meal allowance per diem while traveling even though the client paid for the meal b. Reporting on your taxes a gift to a child even though the exchange was not a gift c. Not telling a professor he/she reported the incorrect grade on your report card d. Accepting credit for a task that you did not perform
On May 18 of last year, Carter sells unlisted stock with a cost of $24,000 for $60,000. Carter collects $20,000 initially and is scheduled to receive $10,000 each year for four years starting this year plus an acceptable rate of interest. After receiving the first $10,000 scheduled installment payment, Carter is unable to collect any further payments. After incurring legal fees of $1,000, Carter recovers a portion of the stock valued at $26,000. As a result of the repossession, Carter must report
A. ordinary income of $13,000. B. ordinary income of $9,000. C. capital gain of $9,000. D. capital gain of $13,000.
Which of the following characteristics makes revenue management UNATTRACTIVE to organizations that have perishable inventory?
A) demand can be segmented B) service can be sold in advance of consumption C) capacity is easily changed D) variable costs are low and fixed costs are high E) demand fluctuates