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____ [38]
4 years ago
6

The chief executive officer and chief financial officer of the Blue Willow Food Service Corporation must personally certify that

the company's financial statements are accurate. This is an example of corporate governance in action.
a. True
b. False
Business
1 answer:
Anna007 [38]4 years ago
6 0

Answer:

a. True

Explanation:

Corporate governance in simple terms refers to a system by which corporate firms are governed and run.

Such a system involves taking care of the interests of all the stakeholders of a company which would include it's shareholders, suppliers, employees, investors or users of financial statements, etc.

Corporate governance is a wide term and encompasses abidance to rules and laws, adoption of fair and sound organization policies, protection to whistle blowers and ensuring compliance with true and fair view and reporting requirements of financial statements.

In the given case, when chief executive officer and chief financial officer both are required to certify financial statements accuracy, it means that such a requirement increases the accountability of those charged with governance and at the same time boosts the reliability of such statements to the end users.

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Laws represent the standards of ________ behavior.
Leona [35]

Answer:

B. legal

Explanation:

Law -

Law refers to the combination of rules and regulation , which are made and acted in order regulate conduct and management , in the society , is referred to as law.

These rules need to be followed by each and every individual , and there are strict outcome of not following the rules of law.

It is also known as the art of justice and is a the legal material .

Hence , from the question,

The correct term from the given option is legal behavior.

7 0
3 years ago
A bill was introduced into Congress last year suggesting changes to the income tax code. Congress now passed this new tax reform
Orlov [11]

Answer:

Macroeconomic fiscal policy.

Explanation:

Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.

8 0
3 years ago
Kendra has a babysitting business that she earns $6 per hour she babysits. She already has $50. She wants to earn enough to buy
daser333 [38]

Answer:

50 hours

Explanation:

Let x represents the number of hours that Kendra needs to work

She gets $6 for one hour so for x hours

6x

She already have $50 so add it  

6x + 50

She wants to have a total of $350 so equation becomes

6x + 50 = 350

Now lets solve this equation

6x = 350 - 50

6x = 300

x = 300/6

x = 50 hours

So Kendra have to babysit for 50 hours so that she can buy a new phone for $350

8 0
4 years ago
Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?
Tanya [424]
<span>Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.</span>
3 0
4 years ago
what type of leadership focuses on alternative methods of conducting organizational change processes.
KATRIN_1 [288]

Answer: Organizational change leader

Explanation:

The organizational change leader is the big hand for controlling the changes in the organization and management.  This involves the change centric leadership. The leader should not look upon the upward organizational hierarchy to seek help instead must take actions and must implement them on others. Empowering the stakeholders. Managing the team discussions and working ethics and credibility.

3 0
3 years ago
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