Retained earnings represents the cumulative amount of net income, over the life of the company, which has not been distributed to stockholders as dividends.
Answer the following statement true (T) or false (F)
True
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Jordan is a purchasing manager of computer and software equipment for his company, which employs about 350 individuals. He subscribes to PC Magazine and several other trade publications that review computer hardware and software. In addition, Jordan is an active user of online forums and often reads reviews that other purchasing managers post about different computer models. Jordan spends about 1-2 hours each week reviewing information through these sources before making purchasing decisions. What stage of the consumer decision process is Jordan most likely in?
A. Information search B. Problem recognition C. Evaluation of alternatives D. Purchase E. Postpurchase
A measurable “return-on-investment calculation” one year after an ethics workshop would be the level of ______.
a. employee ethical skill b. employee theft c. employee retention (for workshop participants) d. customer satisfaction
Which of the following accounts would NOT be affected if a company failed to report returns of merchandise sold?
a. Sales returns b. Sales allowances c. Cost of goods sold d. Inventory
In anticipation of tax season, Micah is working with the organization’s tax preparers to determine their knowledge of current tax laws. Micah’s goal is to make sure the tax preparers can deliver excellent customer service in alignment with the company’s goals. If he finds they cannot provide this service, he will implement training to bring everyone up to speed. What Micah is conducting is a ______.
A. competency model B. remediation C. training D. needs assessment