Brad Turret, one of the managers of a multi-national company, is responsible for generating revenues and controlling costs in order to increase the operating income of his division

However, he is not concerned about investment-related decisions. Brad is most likely to be the manager of a(n) ________.
A) cost center
B) investment center
C) profit center
D) revenue center


C

Business

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Porter Corporation holds 10,000 shares of its $10 par common stock as treasury stock, which was purchased in 2013 at a cost of $140,000 . On December 10, 2014, Porter sold all 10,000 shares for $260,000 . Assuming that Porter used the cost method of accounting for treasury stock, this sale would result in a credit to

a. Paid-In Capital from Treasury Stock of $120,000. b. Paid-In Capital from Treasury Stock of $110,000. c. Gain on Sale of Treasury Stock of $120,000. d. Retained Earnings of $120,000.

Business

Only the ______________ can bring a federal suit alleging a pattern or practice of discrimination.

A. governor of your state B. OFCCP C. attorney general D. police E. None of the above

Business

According to your textbook, what is one of the concerns of using tests and measures in the human resource selection process?

a. Tests and measures are too costly and take too long so are not worth the time and effort b. Tests and measures allow discrimination against people who refuse to complete them c. Tests and measures raise serious ethical issues relating to people’s privacy d. All of the above

Business

Everything in the supervisor's working file should be

a. Shown to the human resources department b. Private c. Shared with the employee d. Positive and encouraging

Business