Skimming is an unethical business practice involving

A. failure to report all income on tax returns.
B. employees taking cash from the cash register.
C. sales associates offering gifts and inducements to purchasers.
D. managers of competing firms agreeing to charge high prices.


Answer: A

Business

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If a department that applies process costing starts the reporting period with 40,000 physical units that were 80% complete with respect to direct materials and 50% complete with respect to direct labor, it must add 8,000 equivalent units of direct materials and 20,000 equivalent units of direct labor to complete them.

Answer the following statement true (T) or false (F)

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Omar has been asked to present a speech at an upcoming sales conference. When he tells his mother about this, she says, "Oh, you'll be giving an epideictic presentation!" On which topic might Omar be presenting?

a. an award presentation for salesperson of the year b. a recap of the company's record sales year c. a presentation on how to win customer trust d. a speech introducing new customer management software

Business

The ______________________________ report details all manufacturing quantities and costs, shows computation of EUP, and indicates cost assignments to goods manufactured

Fill in the blank(s) with correct word

Business

Jim Grunig created the enlightened self-interest model for ethical behavior in public relations to advocate that for business to do well, it must do good

Indicate whether the statement is true or false

Business