The ABC Corporation routinely releases information about its operations in all of its host countries. The company is fulfilling which principle of the Global Business Standards Codex?
A. transparency principle
B. reliability principle
C. fairness principle
D. responsiveness principle
A. transparency principle
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Use the information below for Focal Point Corp for 2015 and 2016 to answer the following question. Retained earnings, December 31, 2015 $300,000 Retained earnings, December 31, 2016 345,000 Dividends payable, December 31, 2015 19,000 Dividends payable, December 31, 2016 29,000 Net income—2016 150,000 Assume that there were no retained earnings transactions other than those dealing with
dividends and net income. How much dividends did Focal Point declare during 2016? a. $ 95,000 b. $105,000 c. $140,000 d. $150,000
Jack went to a bakery and ordered a dozen bagels for work. When he got to work, he discovered that the bagels were stale. The next morning he stopped by the bakery to complain. All of the following would be appropriate ways to deal with Jack's complaint except
A. referring him to other employees at the bakery. B. providing him with a coupon for a free breakfast. C. offering him a free replacement. D. giving him a coupon for free coffee. E. giving him a $5.00 discount on his next purchase.
Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$140 $160 Accounts receivable, net 210 230 Inventory 240 200 Prepaid expenses 10 10 Total current assets$ 600 $ 600 Total current liabilities$ 360 $ 330 Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900.The working capital at the end of Year 2 is:
A. $240 B. $880 C. $1,000 D. $600
Differences in attitudes, values, beliefs, and personality are all examples of
a. Surface-level diversity b. Bottom-level diversity c. Deep-level diversity d. Top-level diversity