Why is there a greater need for effective employee communications now than ever before?
What will be an ideal response?
Downsizings and layoffs as well as the impact of technology and globalization have made employees less loyal. Employees do not accept the idea hyped by Wall Street analysts: if a company lays off workers, it automatically has a stock of higher value because the company has taken steps to be more productive and efficient. Employees cannot accept why there is such a chasm between the pay of higher level management and all those below, especially in companies that quarter after quarter and year after year lose money. That destroys the idea there is a fair, objective standard of performance that cuts across the organization.
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The Performance section of Principles Underlying an Audit Conducted in Accordance with GAAS states that for auditors to obtain reasonable assurance, they need to do all of the following except:
A. obtain sufficient appropriate audit evidence. B. determine and apply appropriate materiality levels. C. identify and assess risks of material misstatement. D. make sure all audit team members have adequate training.
Which type of product does Delgado manufacture?
A) industrial B) convenience C) specialty D) shopping E) unsought
Which type of analysis could reveal that a company is relying heavily on debt financing?
A. Trend analysis B. Common size statements C. The fixed asset turnover ratio D. Horizontal analysis
All of the following are true about the standard error of the mean EXCEPT _____
a. it is larger than the standard deviation of the population b. it decreases as the sample size increases c. its value is influenced by the standard deviation of the population d. it measures the variability in sample means