Answer the following statements true (T) or false (F)
Prior to the existence of an accounting standard that addressed pensions, pension expense was equated with cash contributions to pension funds.
ANSWER: T
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Which of the following is intensity in the motivation process?
A. what a person does B. how hard a person works C. how long a person works D. how smart a person works
Which of the following statements is correct?
A. A security's beta measures its diversifiable (firm-specific) risk relative to that of other securities. B. If the returns of two firms are negatively correlated, one of them must have a negative beta. C. A stock's beta is less relevant as a measure of risk to an investor with a well-diversified portfolio than to an investor who holds only one stock. D. Combining stocks that are perfectly negatively correlated and that have the same beta coefficient into a portfolio is riskier than holding an individual stock, because the portfolio will not benefit from diversification. E. A stock's beta can be calculated by comparing its returns to the market's returns over some time period because the beta coefficient measures a stock's volatility relative to market.
Michaels encourages customers to visit their website and "like" their Facebook page. It also enlists customers to post feedback on their company, refer articles of interest to other Michaels' customers, and offer suggestions for future electronic communication. Michaels is using a positive marketing strategy for its Facebook page and company website because customer-generated content appears
A. more authentic than company-generated content. B. more interesting than company-generated content. C. more approving than company-generated content. D. more current than company-generated content. E. more flattering than company-generated content.
All of the following are functions served by objectives EXCEPT:
A. communicate philosophies and provide direction B. motivate employees C. clarify executives' thinking D. form the basis for control E. guarantee market performance