Licensed fishing outfits in Bayou City form a business organization to provide, without profit, an economic service to its members. This is?
A) a business trust

B) a cooperative.
C) a corporation.
D) a joint stock company.


B

Business

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An auditor maintains no direct financial interest in the company he or she is auditing. The principle being followed is

a. independence. b. integrity. c. objectivity. d. due care.

Business

Which of the following statements about adaptive corporate cultures is NOT true?

A. The hallmark of adaptive corporate cultures is willingness on the part of organizational members to accept change and take on the challenge of introducing and executing new strategies. B. Adaptive cultures are exceptionally well-suited to companies with fast-changing strategies and market environments. C. The standout cultural traits are a "can-do" spirit, pride in doing things right, no-excuses accountability, and a pervasive results-oriented work climate where people go the extra mile to meet or beat stretch objectives. D. Company personnel share a feeling of confidence that the organization can deal with whatever threats and opportunities come down the pike; they are receptive to risk taking, experimentation, innovation, and changing strategies and practices. E. For an adaptive culture to remain intact over time, top management must orchestrate organizational changes in a manner that (1) demonstrates genuine care for the well-being of all key constituencies and (2) tries to satisfy all their legitimate interests simultaneously.

Business

Select the properly punctuated sentence. A) What kinds of data do you collect from online customers and how do you protect their privacy?

B) What kinds of data do you collect from online customers, and how do you protect their privacy? C) What kinds of data do you collect from online customers; and how do you protect their privacy?

Business

A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of the units sold:    Total purchase cost$480,000 Freight charges 10,000 Purchase discounts 25,000 Purchase returns 50,000 Operating expenses 200,000 For what amount would the company report gross profit?

A. $410,000. B. $485,000. C. $420,000. D. $285,000.

Business