The maximalist approach to the question of whether there are any values that can be reasonably applied across cultures holds that as long as corporations cause no harm, they have fulfilled their ethical responsibilities by meeting their economic goal of producing goods, services, jobs, and profits for consumers, employees, and shareholders.

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


False

Business

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On the first day of the fiscal year, Lisbon Co issued $1,000,000 of 10-year, 7% bonds for $1,050,000, with interestpayable semiannually. Orange Inc purchased the bonds on the issue date for the issue price. If Lisbon uses thestraight-line method for amortizing the premium, the journal entry to record the first semiannual interest payment byLisbon Co would include a debit to

a. Interest Payable for $30,000 b. Interest Expense for $32,500 c. Cash for $70,000 d. Premium on Bonds Payable for $5,500

Business

An ________ is a company's private data network, accessible only by authorized persons inside the organization

A) EDI B) Internet C) intranet D) EPOS E) ECR

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A list of the disadvantages of telephone interviewing would include which of the following?

A) Questioning is restricted to the spoken word. B) Interviewers cannot use physical stimuli such as visual illustrations or product demonstrations. C) Personal rapport and commitment are difficult to establish. D) Respondents are less tolerant of lengthy interviews. E) all of the above

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Which of the following possible actions may discourage an employee to report suspected fraudulent activities?

a. Management promises no prosecution of the individual if guilty. b. Corporate security's number is provided. c. The number of the internal auditor is provided. d. Corporate management stresses that any information provided will be kept confidential.

Business