Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 13, Problem 3MC
Good corporate citizenship ________.
A. Is expensive to implement and does not guarantee returns
B. must have management’s sincere convictions behind it in order to succeed
C. Is more relevant in countries with less regulation.
D. makes good business sense
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Check out a sample textbook solutionStudents have asked these similar questions
True or False:
Effectiveness is doing the right things of completing activities so that the organization’s goals are obtained.
Political and legal factors are part of the external environment of a business.
Delayering has no consequence on the span of control of an organization
Shareholders can be sued for the debts of a limited company.
Organizations that operate globally do not have to be sensitive to local conditions.
Which of the following is an example of the agency problem?
a.
Managers always invest in projects that have appropriate returns and that will increase shareholder wealth.
b.
Managers resign when they believe they have not always acted in the best interests of shareholders.
c.
Managers conduct an acquisition program purely to increase the size of an organisation.
d.
Managers look for new projects as they want to avoid business risk.
Clear my choice
Which of the following statements is CORRECT?
a. Most business in the U.S. is conducted by corporations, and corporations' popularity results primarily from their favorable tax treatment.
b. Corporations and partnerships have an advantage over proprietorships because a proprietor is exposed to unlimited liability, but the liability of all investors in the other types of businesses is more limited.
c. Conflicts can exist between stockholders and managers, but potential conflicts are reduced by the possibility of hostile takeovers.
d. A good goal for a firm's management is the maximization of expected EPS.
e. For a stock to be in equilibrium, its intrinsic value must be greater than the actual market price.
Chapter 13 Solutions
Principles of Accounting Volume 2
Ch. 13 - Which agreement did 196 nations adopt in December...Ch. 13 - The 2015 Paris Agreement on Climate Change aimed...Ch. 13 - Good corporate citizenship ________. A. Is...Ch. 13 - According to the World Commission on Environment...Ch. 13 - Sustainability reporting can incorporate which of...Ch. 13 - What caused Union Carbides deadly gas leak in...Ch. 13 - Nestlés reputation was damaged when the company...Ch. 13 - Which form of energy is renewable? A. solar B. oil...Ch. 13 - Which of the following types of reporting does the...Ch. 13 - Which of the following best defines stakeholders?...
Ch. 13 - Which of the following statements is most often...Ch. 13 - Which standards are considered universal under the...Ch. 13 - The SASB view on materiality has been adapted from...Ch. 13 - The fundamental tenets of SASBs Approach are...Ch. 13 - How many broad categories of capital are...Ch. 13 - What is sustainability and how might corporations...Ch. 13 - What is the value of triple bottom line reporting...Ch. 13 - What type of information do you think an oil...Ch. 13 - Identify four different stakeholders In need of...Ch. 13 - How might a business interact with each of the...Ch. 13 - Contrast the investment risk potentials of an...Ch. 13 - There are currently no formal mandatory...Ch. 13 - Explain the role and purpose of the Global...Ch. 13 - Explain the role and purpose of the Sustainability...Ch. 13 - Explain the role and purpose of the Integrated...
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