In Commonwealth v. Angelo Todesca Corp where Angelo Todesco Corporation was charged with motor vehicle homicide after an employee accidentally killed a police officer with a dump truck, the Massachusetts supreme court held that:
a. a corporation may be criminally liable for violation of a traffic statute
b. a corporation may not be criminally liable for violation of a traffic statute c. an individual may not be criminally liable for violation of a traffic statute d. an individual may not be civilly liable for a violation of a traffic statute
e. none of the other choices are correct
a
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A company estimates that warranty expense will be 5% of sales. The company's sales for the current period are $206,000. The current period's entry to record the warranty expense is:
A. Debit Warranty Expense $10,300 credit Sales $10,300. B. Debit Estimated Warranty Liability $10,300 credit Warranty Expense $5380. C. Debit Warranty Expense $10,300 credit Estimated Warranty Liability $10,300. D. Debit Estimated Warranty Liability $10,300 credit Cash $10,300. E. No entry is recorded until the items are returned for warranty repairs.
The IETF primarily ________.
a. manages the Internet b. Creates Internet Standards c. coordinates the work of ISPs
To ensure that inventories of both raw materials and finished goods are sufficient to meet customer demand without undue delay, firms utilize sophisticated ________.
A. exclusive dealings B. exclusive territorities C. just-in-time (JIT) inventory control systems D. materials requirement planning (MRP) systems E. multiverse inventories
The idea that companies make gifts that might not have a direct or immediate benefit to the bottom line, but that generally help maintain a healthy society in which to do business is called
a. marketing b. enlightened self-interest c. cause-related marketing d. advocacy e. market failure