A culture in which people tend to place more value on non-work activities such as family and the enjoyment of life outside work, would be described as a(n) ______ culture.
a. activist
b. superior
c. being
d. particularist
c. being
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Goods in transit shipped FOB destination should not be included in the buyer's ending inventory
Indicate whether the statement is true or false
Emerging public issues are both a risk and an opportunity.
Answer the following statement true (T) or false (F)
Match the following definitions with the appropriate terms.
A. Events B. Business entity principle C. Monetary unit principle D. Expenses E. Income statement F. Statement of cash flows G. Accounting equation H. Liabilities I. Revenue recognition principle
Gino is the CEO of a financial services firm. What action should Gino take to be sure the firm avoids moral hazards?
A. Gino must increase hiring and develop influential relationships with government officials so that his firm will be considered "too big to fail." B. He must create a plan in which government agencies or a consortium of other financial services firms will assume any future debts of the company. C. He should closely monitor the behavior and performance of new employees to be certain that they have the skills they claimed to have in interviews. D. Gino should define undue risk-taking, institute strict auditing of loans, and make it clear that the company will fire employees who lend recklessly.