Which of the Following Is a Common Time-Waster at Work

question 34

Multiple Choice

Which of the following is a common time-waster at work?

• A) unnecessary telephone conversations
• B) excessive socializing
• C) ineffective communication
• D) all the above

Identify the types of transactions that require NCI adjustments.

Understand the impact of intragroup services on NCI.

Recognize how changes in equity affect NCI adjustments.

Comprehend the tax implications on NCI adjustments.

---

Definitions:

Laissez-faire

Laissez-faire is an economic philosophy advocating minimal government intervention in the business affairs of private individuals and enterprises.

Command Economies

Economic systems where the government or central authority controls all major aspects of production and distribution of goods and services.

North Korea

An East Asian country officially known as the Democratic People's Republic of Korea, noted for its centralized economy and autocratic government.

Specialization

The use of the resources of an individual, a firm, a region, or a nation to concentrate production on one or a small number of goods and services.