Many organizations utilize responsibility accounting
a. to assist in building performance measures for the organization.
b. to assist in performance management and evaluation.
c. solely to evaluate how well employees are handling their responsibilities.
d. as an alternative to generally accepted accounting principles.
B
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Purchasing from factories that pay workers a living wage (more than the minimum wage) and offer other benefits to the employees is called
A. cash wrap. B. power perimeter. C. a closeout. D. flash sale. E. fair trade.
If a company actively tracks the satisfaction of its suppliers, banks, and distributors, it is using what is called a ________ scorecard
A) customer-performance B) stakeholder-performance C) marketing balanced D) vendor E) generic
When bonds are converted to common stock, what is the basis for recording (valuing) the stock issued?
The goal of sales presentation is not simply to make the sale but to create a strong value proposition that will lead to a mutually beneficial long-term relationship.
Answer the following statement true (T) or false (F)