According to Trudi Gallagher, people from which of the following countries are very punctual and private?
A) Italy
B) Saudi Arabia
C) Mexico
D) Switzerland
E) France
D
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Net income for a particular period does not equal cash flow from operations because
a. most firms use the accrual basis of accounting to measure operating performance. b. most firms typically recognize revenue at the time of sale, independent of when they receive the cash from the sale. c. some firms receive cash before providing services and recognizing revenues. d. some firms receive cash after they have provided goods and recognized revenues. e. all of the above
Penny found a billfold on a city street; looked inside to determine its owner and returned it to its true owner, Richard. A few days later she found out that Richard had offered a reward in the amount of $100 for the return of the billfold. She asks Richard for the reward money, but he refuses. Is Penny entitled to the reward, and why or why not?
An effective offer includes which of the following:
a. a clear intent by the offeree to become contractually bound b. unclear and uncertain basic terms and conditions of the offer c. proper communication of the offer d. all of the other specific choices are correct e. none of the other specific choices are correct
In the absence of a code of ethics and an appropriate system for evaluating and making ethical decisions, a situation can occur in which organization members, particularly younger employees who report to others in a hierarchy, make deci¬sions that are out of line with personal or corporate ethics because ________________________
a. begin to create their own path for promotion. b. they become disconnected. c. they are simply following orders from above. d. they are simply failing to articulate what they have learned.