In the context of the responses of firms to new competitive realities, identify a true statement about downsizing.
A. It is only used as the last resort by organizations coping with severe financial constraints.
B. It is a popular practice because its direct and indirect costs are often very low.
C. It is utilized only by firms in advanced economies, as developing nations forbid this practice.
D. It is necessary when an organization is overstaffed or if a business no longer fits into a firm's long-term strategy.
Answer: D
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In a traditional indemnity (fee-for-service) plan, the:
A. health care provider and the insurer are separate. B. insurer always pays directly to the health care provider. C. lower the deductible, the lower the premium. D. insured receives comprehensive health care services from a designated group of doctors only. E. health care provider contracts with the insured’s employee union to provide health insurance benefits.
When preparing the operating activities section of the statement of cash flows using the indirect method, depreciation is added to net income.
Answer the following statement true (T) or false (F)
Through a combination of direct generation and credits, the City of Las Vegas is powering streetlights and more than 140 municipal buildings and facilities with renewable sources. In addition to the city government's efforts, the casinos in Las Vegas donate food waste from the restaurants to a local pig farm. Which of the following is the most accurate description of the environmental efforts taken by the City of Las Vegas and the casinos there?
A. The casinos are saving money by not having to throw away uneaten food. B. The desert City of Las Vegas is striving to use "greener" forms of power and the casinos are demonstrating their economical consciousness by feeding pigs. C. The city is only giving the appearance of using alternate energy resources because using energy credits still gives the city the right to use fossil fuels. D. The city government of Las Vegas is engaged in using alternate energy resources to power municipal buildings and street lights while the casinos are engaged in recycling food waste
If the level of significance of a hypothesis test is raised from .01 to .05, the probability of a Type II error
a. will also increase from .01 to .05 b. will not change c. will decrease d. will increase