A business has the responsibilities to which of the following? A- Customers B- Owners and shareholders C- Employees D- All of the options
Q: journalizing
A: OPTIONAL QUESTIONS
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- 1. The duty to exercise due care extends to all of the following areas, except: a. location b. design c. production d. information 2. The antitrust view is based on which of the following assumptions? a. Concentration is due mostly to mergers. b. Concentration results in a recognised interdependence among companies. c. Concentration is due mostly to takeovers. d. a and b3. Ethics refers to A)the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of .3 the other D)a series of situations in which an individual must choose between personal interest and the interest of others. 4 .5 4. What is the price at which the quantity of goods demanded, and the quantity of goods supplied are equal .6 .8 A) The going rate B) The margin rates C) The market price D) The optimum price1.a)Traditional women business owners areSelect one:O a. neither committed to entrepreneurial ideas nor to traditional gender roles.O b. highly committed to entrepreneurial ideas, but not to traditional gender rolesO c. highly committed to entrepreneurial ideas and the acceptance of entrepreneurial gender roles.O d. not committed to entrepreneurial ideas, but have high attachment to traditional gender roles. 1.b)Bills payable and promissory notes are negotiable instruments and are used mostly to replace_____Select one:O a. financial meansO b. term loansO c. long-term creditO d. trade creditO e. overdraft facilities
- Which of the following assets is classified as Trading Stock? Select one:Property acquired by an employee who plans to rent it outShares acquired by an investor who hopes to hold the shares for at least 12 monthsTelevisions acquired by a hotel owner who plans to install it in hotel roomsLand acquired by a property developer for the purpose of resale21) Which of the following is not popular in the present business scenario? a. Balance sheet b. None of the options c. Statement of changes in Equity d. Income StatementThe obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision. B) coming up with compelling strategy proposals to debate against those put forward by top management. C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives. D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.
- Which of the following statements accurately describes U.S. CPA firms that are notsole proprietorships?(1) Most derive the majority of their revenues from tax services.(2) The most common organizational structure is the limited liability partnershipstructure.(3) The firm will be subject to an annual peer review.(4) The number of other professionals within a firm generally equals the number ofpartners in the firm.Back Ground of Brunt Hotels, PLCBrunt Hotels, PLC, owns more than 60 hotels throughout the United Kingdom. They recentlyacquired a small hotel chain headquartered in France. Brunt’s chief executive decided that halfof the new hotels in France would be retained and rebranded as part of the Brunt Hotels Group;the other half will be sold. This will support Brunt’s strategic objective of growing theorganization slowly to make sure that new ventures are well supported and opened on time andon budget. Brunt’s hotels are considered budget accommodations; they are functional, cleanand reasonably priced.Most guests stay for one to three nights and are a combination of business and leisure travellers.The hotels are typically situated in downtown locations that are easily accessible by masstransit. Tourists are attracted to these hotels in popular visitor destinations where the manylocal attractions mean that they will not be spending much time in their hotel rooms. Theorganization has decided to…Back Ground of Brunt Hotels, PLCBrunt Hotels, PLC, owns more than 60 hotels throughout the United Kingdom. They recentlyacquired a small hotel chain headquartered in France. Brunt’s chief executive decided that halfof the new hotels in France would be retained and rebranded as part of the Brunt Hotels Group;the other half will be sold. This will support Brunt’s strategic objective of growing theorganization slowly to make sure that new ventures are well supported and opened on time andon budget. Brunt’s hotels are considered budget accommodations; they are functional, cleanand reasonably priced.Most guests stay for one to three nights and are a combination of business and leisure travellers.The hotels are typically situated in downtown locations that are easily accessible by masstransit. Tourists are attracted to these hotels in popular visitor destinations where the manylocal attractions mean that they will not be spending much time in their hotel rooms. Theorganization has decided to…
- 1. Give one reason why a company may not opt for integrated reporting? Why? 2. A company is successful in a particular industry. To increase their chance of growth, they have opted for integrated reporting. However, it does not seem to bring a value creation . What principle could they had missed? 3. If I prepare for an integrated report, and the cost outweigh the benefit, why would I still opt for integrated reporting? Explain. 4. In the <IR> Framework, it is possible that an entity may not disclose relevant information. Why? 5. Why financial and sustainability reports are enough for corporate reporting? 6. Without an integrated report, can a company not going to be successful? Why? 7. What is the role of management accountants in an integrated reporting practice of the corporation? 8. Why governance matters in an integrated report? 9. Is it bad for an entity not doing an integrated report? Why? 10. A mining company was evaluated in a thorough investigation, a certain problem…Decision makers and analysts look deeply into profitability ratios to identify trends in a company’s profitability. Profitability ratios give insights into both the survivability of a company and the benefits that shareholders receive. Identify which of the following statements are true about profitability ratios. Check all that apply. If a company has a profit margin of 10%, it means that the company earned a net income of $0.10 for each dollar of sales. If a company’s operating margin increases but its profit margin decreases, it could mean that the company paid more in interest or taxes. An increase in the return on assets ratio implies an increase in the assets a firm owns. If a company issues new common shares but its net income does not increase, return on common equity will increase.(1) If you were on the board of directors at a companyand the CEO proposed a merger with a topcompetitor, what types of questions would you wantanswered before you gave your approval? (2) If aCEO has an opportunity to merge with or acquireanother company and is reasonably certain that thetransaction will benefit shareholders, is the CEOobligated to pursue the deal? Why or why not?