Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its ethics and corporate responsibility goals. In the given scenario, Andrew is most likely asked to do a _____. A. horizontal audit
B. continuous audit
C. social audit
D. statutory audit

Answers

Answer 1

Answer:

Answer:

The answer is C. Social audit.

Explanation:

To audit means to examine or to inspect. In this light, when an individual is to provide a formal report on a company's code of conduct or procedures in regards to corporate social responsibility, it is considered a social audit. Corporate social responsibility is the accountability that a business has towards society especially from an ethical standpoint. Some elements taken into consideration during a social audit include:

- the number volunteer activities

-work environment either internal or external.

Related Questions

If the government’s budget deficit increases while the economy is producing substantially less then potential GDP and expansionary monetary policy is implemented, then any ________________ from government borrowing would be _____________________________ from that monetary policy.A. higher interest rates; largely offset by the lower interest ratesB. lower interest rates; largely offset by the higher interest ratesC. increase in interest rates; reduced by private sector investmentD. inflationary increase in price level; crowding out private investment
Why was Friedrich von Hayek against government intervention in an economy?A.It would reduce people’s economic freedom. B.It would increase people’s political freedom. C.It would raise the price of goods and services. D.It would improve the economy’s situation.
___________ is the management function of creating a vision for the organization and guiding, training, coaching, and motivating employees to help achieve the goals and objectives of the organization. A) Controlling B) Officiating C) Organizing D) Leading
1. What type of economic system exists when individuals answer the three basic economic questions?A. mixed B. market C. command D. traditional 2. What term defines the income paid to the owner of land, labor, or capital in return for productive service? A. cost B. price C. factor payment D. economic system 3. If a society answers the three basic economic questions by relying on ritual, ancestral laws, and religious dictates, what type of economic system is it using? A. mixed B. market C. command D. traditional
William heads the marketing department of an apparel company. He is an enthusiastic leader who puts in extra work hours to increase the productivity of his team. He is so engaged and passionate about his work that he willingly contributes to his team even during his vacation. Which of the following could possibly be a consequence of William’s behavior?

George, a regional manager for a global corporation, is meeting with several upset managers from the Rome plant about Steve, who is originally from Florida but moved to Italy to manage the Rome facility. Phillipe, the assistant manager, tells George, "We all feel that Steve sees things only one way—his—and very seldom considers our perspective on things." Steve is employing a ______ management style

Answers

Answer: Parochial

Explanation: A style of management in which the manager having decision authority considers every situation only from his or her own perspective is called Parochial management style. The parochial mangers are the one with illiberal thinking they only considers the situation on the pros and cons related to themselves.

In the above case study, as per the description of the assistant, we can conclude that Steve is a parochial manager.

Q 13.18: Which of the following statements is correct? A : Service companies prepare budget data using an expected input approach while manufacturers prepare budget data using an expected output approach. B : The budgets of service companies are approved by voters. C : The production budget is derived from the direct materials and direct labor budget. D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.

Answers

Answer: The correct answer is " D: In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.".

Explanation: The statement "D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses." is correct because, as they are nonprofit organizations, the goal is not to generate an economic benefit, therefore Focus is placed on cash flow to ensure that the organization will be able to meet its commitments and obligations.

An increase in hours of television viewing leads to increases in the sales of snack foods. This is an example of a _____.

Answers

positive correlation. - I believe but I'm not sure you wanted a mathematical response. In terms of business I guess it means (I'm not sure what the correct term is but) a helpful relationship in the sense that television companies are essentially helping snack food businesses. - is it like a mutualistic relationship (although this is like a scientific term) because both the television companies and snack food businesses benefit from the relationship. As more people watch tv they snack more, and they more snacks available the longer people are entertained while watching tv (or their experience is improved). I'm not too sure.

sasse inc manufactures 2 products hammers and screwdrivers the company has estimated its overhead in the assembling department to be 2000000. the company produce 300000 hammes and 600000 screwdrivers each year. each hammer uses 2 parts and ech screwdriver uses 3 parts . how much of the assembly overhead should be allocated to ammer

Answers

Answer:

The answer is: $500,000

Explanation:

In order to allocate overhead cost we will use the overhead cost per part ratio:

Total overhead cost = $2,000,000

Hammers produced = 300,000 x 2 parts per hammer = 600,000 parts

Screwdrivers produced = 600,000 x 3 parts per hammer = 1,800,000 parts

Total parts involved in the production process = 2,400,000 parts

Overhead cost per part = $2,000,000 / 2,400,000 parts = $0.83 per part

Total overhead cost allocated to the production of hammers = 600,000 parts used in hammer production x $0.83 per part = $500,000

Suppose the banks in the Federal Reserve System have $100 million in transactions accounts and the reserve requirement is 0.10. Ceteris paribus, if the reserve requirement is decreased to 0.07, then excess reserves will increase by ____________.

Answers

Answer:

= $3 million

Explanation:

Banks are mandated by banking regulation to keep a percentage of their total deposit and can lend the balance. This is called the required reserve

The amount by which the total deposit exceeds the required reserve is called the excess reserve

The required reserve = Transaction × reserve requirement

= 0.10 × 100

= $ 10 million

Excess reserve = Transaction account balance - required reserve

= 100 - 10 = $90 million

With a decrease in reserve ratio to 0.07,

Excess reserve = 100 - (0.07 ×100)

= $ 93 million

Increase in excess reserve = $ (93 - 90) million

= $3 million

Answer:

Excess reserve will increase by $3 million

Explanation:

In this secanrio the reserve requirement is 0.10 that is 0.10* 100 million= $10 million.

The excess reserve is 100 million- 10 million= $90 million.

When there is a required reserve reduction to 0.07 then the reserve will be 0.07* $100 million= $7 million.

The excess reserve will be $100 million- 7 million= $93 million

Therefore the increase in excess reserve is $93 million- $90 million= $3 million

Suppose you observe a spot exchange rate of $1.0500/€. If interest rates are 5% APR in the U.S. and 3% APR in the euro zone, what is the no-arbitrage 1-year forward rate? Multiple Choice €1.0300/$ $1.0300/€ €1.0704/$ $1.0704/€

Answers

Answer:

Forward rate= Spot rate * (1+ US interest rate)/(1+Euro interest rate)

= 1.05*1.05/1.03

Forward rate= $1.0704/€

Explanation:

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