An ethics committee is typically:
A. charged with eliminating ethical dilemmas.
B. assigned the task of writing employee handbooks.
C. composed of employees from all functional areas and managerial levels.
D. responsible for disciplining wrongdoers.
E. a nonessential organization in multinational corporations.
Answer: D
You might also like to view...
If the key variables have not been defined or are defined in a manner inconsistent with the researcher's definition, then the usefulness of the data is limited. This statement refers to the ________ criteria for evaluating secondary data
A) nature B) objective C) error/accuracy D) currency
Which statement best describes a typical guest’s perception of wait?
a. Occupied time feels longer than unoccupied time. b. Time spent waiting for service feels shorter than time spent receiving service. c. Anxious waits feel shorter than relaxed waits. d. Waits of uncertain length feel longer than waits of certain length.
Companies may provide for extra capacity in anticipation of future increases in demand for their products or services. Such extra capacity is called ______.
A. a capacity cushion B. overproduction capability C. waste D. flexible capacity
Which of the following statements is true?
a. A company must use the FIFO cost flow assumption for taxes as well as for financial accounting and reporting. b. A company may use FIFO for inventory valuation purposes on the balance sheet provided that LIFO cost of goods sold is reported on the income statement. c. Application of LIFO for financial reporting purposes must strictly follow IRS regulations relating to LIFO. d. LIFO is the only inventory method that must be used for financial reporting purposes if used for tax purposes.