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CH.1 Legal, Ethical, and Global Environment of Business
CH.1 Legal, Ethical, and Global Environment of Business 
 
 
 
 
 
Breaches - to violate a law, by an act or an omission, or to break a legal obligation that one owes to another person or to society 
 
Factors that influence Business Decision Making - 1. Contracts 
2. Sales 
3. Negotiable Instruments 
4. Creditor's Rights 
5. Intellectual Property 
6. E-Commerce 
7. Product Liability 
8. Torts 
9. Agency 
10. Business Organizations 
11. Professional Liability 
12. Courts and Court Procedur...
- Exam (elaborations)
- • 8 pages •
CH.1 Legal, Ethical, and Global Environment of Business 
 
 
 
 
 
Breaches - to violate a law, by an act or an omission, or to break a legal obligation that one owes to another person or to society 
 
Factors that influence Business Decision Making - 1. Contracts 
2. Sales 
3. Negotiable Instruments 
4. Creditor's Rights 
5. Intellectual Property 
6. E-Commerce 
7. Product Liability 
8. Torts 
9. Agency 
10. Business Organizations 
11. Professional Liability 
12. Courts and Court Procedur...
ACC 333 Final Exam [Questions from Discussion Boards]
ACC 333 Final Exam [Questions from Discussion Boards] 
 
 
 
For which clients must a CPA be independent? - Independence is required for only those who perform attest services. CPAs in the private sector cannot e independent. 
 
Why is independence so important for a CPA? - If a CPA is not independent there is a higher likelihood for bias in the audit whether intentional or not. Also, if a CPA appears not to be independent, the public will lose confidence in the CPA and the profession will be le...
- Exam (elaborations)
- • 48 pages •
ACC 333 Final Exam [Questions from Discussion Boards] 
 
 
 
For which clients must a CPA be independent? - Independence is required for only those who perform attest services. CPAs in the private sector cannot e independent. 
 
Why is independence so important for a CPA? - If a CPA is not independent there is a higher likelihood for bias in the audit whether intentional or not. Also, if a CPA appears not to be independent, the public will lose confidence in the CPA and the profession will be le...
MIE 201 Test 5 Makanui latest update
MIE 201 Test 5 Makanui 
 
 
 
lockbox - an address, usually a commercial bank, at which a company receives payments in order to speed collections from customers 
 
marketable securities - temporary investment of "extra" cash by organizations for up to one year in U.S. Treasury bills, certificates of deposit, commercial paper, or eurodollar loans 
 
Treasury bills (T-bills) - short-term debt obligations the U.S. government sells to raise money 
 
commercial certificates of deposit (CDs) - certi...
- Exam (elaborations)
- • 8 pages •
MIE 201 Test 5 Makanui 
 
 
 
lockbox - an address, usually a commercial bank, at which a company receives payments in order to speed collections from customers 
 
marketable securities - temporary investment of "extra" cash by organizations for up to one year in U.S. Treasury bills, certificates of deposit, commercial paper, or eurodollar loans 
 
Treasury bills (T-bills) - short-term debt obligations the U.S. government sells to raise money 
 
commercial certificates of deposit (CDs) - certi...
Virginia Contractor Practice Test
Virginia Contractor Practice Test 
 
 
 
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - $500 fine. 
 
Which of the following is a requirement for a joint venture? - Either the joint venture or each contracting party of the joint venture must be licensed. 
 
The application for licensure MUST include - the business address of the proposed designated employee. 
 
All Class A contractor licensure applications MUST include - information on the...
- Exam (elaborations)
- • 2 pages •
Virginia Contractor Practice Test 
 
 
 
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - $500 fine. 
 
Which of the following is a requirement for a joint venture? - Either the joint venture or each contracting party of the joint venture must be licensed. 
 
The application for licensure MUST include - the business address of the proposed designated employee. 
 
All Class A contractor licensure applications MUST include - information on the...
Water Distribution D2 California Practice test
Water Distribution D2 California Practice test 
 
 
 
The Difference between the static ground water level and the pumping level is the - drawdown 
 
A customer complaint about the presence of brown floc in tap water can best be handled by - investigating the problem as soon as possible 
 
The term "aquifer" relates to which one of the following ? - groundwater 
 
One indication of corrosive water is a high concentration of - Carbon dioxide 
 
Catholic protection means protection against - Cor...
- Exam (elaborations)
- • 5 pages •
Water Distribution D2 California Practice test 
 
 
 
The Difference between the static ground water level and the pumping level is the - drawdown 
 
A customer complaint about the presence of brown floc in tap water can best be handled by - investigating the problem as soon as possible 
 
The term "aquifer" relates to which one of the following ? - groundwater 
 
One indication of corrosive water is a high concentration of - Carbon dioxide 
 
Catholic protection means protection against - Cor...
Water Treatment Operator Level 1 Sample Questions (Water Operator Certification Study Guide)
Water Treatment Operator Level 1 Sample Questions (Water Operator Certification Study Guide) 
 
 
 
What are the two important factors impacting the effectiveness of chlorination? - Concentration of chlorine and contact time 
 
The treatment process that controls corrosion or scaling is known as what? - Stabilization 
 
Permanganate reactions are highly dependent on what factor? - pH 
 
It is hardest to kill the organism that causes what illness? - Cryptosporidiosis 
 
Disinfection of water well...
- Exam (elaborations)
- • 3 pages •
Water Treatment Operator Level 1 Sample Questions (Water Operator Certification Study Guide) 
 
 
 
What are the two important factors impacting the effectiveness of chlorination? - Concentration of chlorine and contact time 
 
The treatment process that controls corrosion or scaling is known as what? - Stabilization 
 
Permanganate reactions are highly dependent on what factor? - pH 
 
It is hardest to kill the organism that causes what illness? - Cryptosporidiosis 
 
Disinfection of water well...
Water Treatment Operator Certification Study Guide (AWWA)
Water Treatment Operator Certification Study Guide (AWWA) 
 
 
A continuously flowing watercourse - Perennial Stream 
 
Algae causes PH to ....... at night - Decrease 
 
What contributes to creation of algae blooms - Increased nutrients 
 
Iron is found mostly in what sources of water - Groundwater 
 
Also called the rule of reasonable sharing - Riparian Doctrine 
 
Water high in salinity and warm is - Low in dissolved oxygen 
 
Reservoir turnover - Denser water at surface sinking toward the bot...
- Exam (elaborations)
- • 4 pages •
Water Treatment Operator Certification Study Guide (AWWA) 
 
 
A continuously flowing watercourse - Perennial Stream 
 
Algae causes PH to ....... at night - Decrease 
 
What contributes to creation of algae blooms - Increased nutrients 
 
Iron is found mostly in what sources of water - Groundwater 
 
Also called the rule of reasonable sharing - Riparian Doctrine 
 
Water high in salinity and warm is - Low in dissolved oxygen 
 
Reservoir turnover - Denser water at surface sinking toward the bot...
D072 Fundamentals for Success in Business rated A+
D072 Fundamentals for Success in Business 
 
 
Ability - Possession of the means to do something 
 
Active Listening - Giving the sender full, undisrupted attention with the intention of fully receiving his or her message 
 
Aggressive Communicator - Forceful communication style often carried out in a loud and hostile manner 
 
Assertive communicator - Productive communication style used by those who express their ideas while listening attentively to others 
 
Attraction-Selection-Attrition (A-S...
- Exam (elaborations)
- • 9 pages •
D072 Fundamentals for Success in Business 
 
 
Ability - Possession of the means to do something 
 
Active Listening - Giving the sender full, undisrupted attention with the intention of fully receiving his or her message 
 
Aggressive Communicator - Forceful communication style often carried out in a loud and hostile manner 
 
Assertive communicator - Productive communication style used by those who express their ideas while listening attentively to others 
 
Attraction-Selection-Attrition (A-S...
WGU Fundamentals for Success in Business - D072
WGU Fundamentals for Success in Business - D072 
 
 
In an effort to cut costs, an apparel factory is moving operations to another country where labor is cheap and employment laws are less stringent. Costs can only be kept low if the factory operates like a sweatshop. Which type of problem is this company facing? - Legal-unethical 
 
The chief executive officer (CEO) of a company decides to change the way thecompany has been functioning over the years in order to improve its reputation.The CEO d...
- Exam (elaborations)
- • 5 pages •
WGU Fundamentals for Success in Business - D072 
 
 
In an effort to cut costs, an apparel factory is moving operations to another country where labor is cheap and employment laws are less stringent. Costs can only be kept low if the factory operates like a sweatshop. Which type of problem is this company facing? - Legal-unethical 
 
The chief executive officer (CEO) of a company decides to change the way thecompany has been functioning over the years in order to improve its reputation.The CEO d...
Wound Final Study Guide proven right
Wound Final Study Guide 
 
 
In assessing a surgical wound for healing, the WOC nurse suspects impending fistula development. Which of the following would be a definitive indicator? - Passage of GI secretions or urine into an open wound bed. 
 
A patient with a chronic wound demonstrates stalled healing. The list of meds include an anti-hypertensive, a corticosteroid, and a mutlivitamin. Which of the following would best address this problem? - Application of vitamin A to the wound bed. 
 
What ...
- Exam (elaborations)
- • 4 pages •
Wound Final Study Guide 
 
 
In assessing a surgical wound for healing, the WOC nurse suspects impending fistula development. Which of the following would be a definitive indicator? - Passage of GI secretions or urine into an open wound bed. 
 
A patient with a chronic wound demonstrates stalled healing. The list of meds include an anti-hypertensive, a corticosteroid, and a mutlivitamin. Which of the following would best address this problem? - Application of vitamin A to the wound bed. 
 
What ...