Which of the following is associated with the need for cultural sensitivity by a company?
a. dealing with gender differences in labor practices
b. promoting products that can be sold to consumers
c. hiring women for certain factory jobs in some countries
d. dealing with product specifications mandated by the local government
d. dealing with product specifications mandated by the local government
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The bonding of employees is an example of which feature of a good system of internal control?
a. Authorization of transactions b. Limited access to assets c. Sound personnel policies d. Separation of duties
A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $62,000; the land at $35,000, and the parking lot at $18,000. Land should be recorded in the accounting records with an allocated cost of:
A. $30,435. B. $35,000. C. $100,000. D. $0. E. $46,087.
If used on an ongoing basis, _____________ can reduce the price for customers who would buy at the regular price and may also cheapen a product's image.
A. cents-off offers B. rebates C. money refunds D. premiums E. consumer sweepstakes
The cost-of-living rider typically bases increases in the policy face value on changes in the
A) gross national product. B) interest rate for short-term U.S. government securities. C) consumer price index. D) national wage level.