A recommended approach for overcoming cross-cultural communication barriers when meeting work associates from another culture, is to kiss the person on both cheeks, accompanied by a big hug
Indicate whether the statement is true or false.
Answer: FALSE
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XYZ, inc has a new order entry system that uses the old databases. The shipping addresses are correct in one system, but the billing address is located in another system. The company is experiencing a(n) ________.
A. employee error situation B. disjointed process C. data duplication problem D. server problem E. data integrity problem
Answer the following statements true (T) or false (F)
1. The Sarbanes-Oxley Act set up the Federal Trade Commission to ensure consumer protection and to eliminate and prevent anticompetitive business practices, with penalties of as much as 25 years in prison for noncompliance. 2. Companies can reduce unethical behavior by offering a case-based approach to ethics training that presents employees with ethical dilemmas and clarifies expectations. 3. Despite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has maintained a practice of consistently acting ethically by being a good global corporate citizen, taking host-country and global standards into consideration when making decisions, and obeying the laws of host countries as well as international law. World Extraction Corp. provides an example of a company acting in a socially responsible way. 4. As businesses are going green today, sustainability programs have produced environmental benefits, but unfortunately, they have also resulted in higher costs and lower revenues, and at times, they have hurt organizations competitively. 5. After the scandals at WorldCom, Tyco, Adelphia, and Enron, in which company employees lost millions of dollars and their nest eggs, U.S. companies showed less concern for corporate governance and more interest in the development of corporate social responsibility.
Residual income is a better measure for performance evaluation of an investment center manager than return on investment because: (CMA adapted)
A. only the gross book value of assets needs to be calculated. B. the problems associated with measuring the asset base are eliminated. C. the arguments about the implicit cost of interest are eliminated. D. desirable investment decisions are less likely to be neglected by high-return divisions.
Which one of the approaches for the allowance procedure emphasizes matching bad debts expense with revenue on the income statement?
A) The percentage-of-receivables approach B) The percentage-of-sales approach C) The percentage of accounts written off approach D) The direct write off method