Scenario 2.1: Workplace Relationships

question 186

Multiple Choice

Scenario 2.1: Workplace Relationships
Ms.Aslani,a young woman who immigrated from Tehran,had a past relationship with her senior manager,Mr.McKinnon.She held a low paying administrative support position with a local private manufacturing company.During the relationship,they would frequently text each other with sexual messages.The relationship ended after two months,but the texting by Mr.McKinnon continued.The employee both verbally and by text said that the texting made her uncomfortable and requested that the senior manager stop texting.The texts did not stop,and Ms.Aslani became stressed and took a leave of absence.After several months,when the texting continued despite the employee's threats to contact the police,Ms.Aslani left the company.The company did not have a policy on employees' social use of communication technologies while at work.
-Please refer to Scenario 2.1.How would you best define harassment to the employees and managers at this company?

• A)any employment practice that has a negative effect on employees
• B)the duty of an employer to put in place policies that prevent discriminatory practices
• C)the denial of opportunity to a person or class of people based on a group characteristic such as: religion or physical disability
• D)any unwelcome conduct or consequences that may detrimentally affect the work environment

Distinguish between intrinsic and extrinsic rewards.

Apply formulas to compute ROI and interpret the results.

Grasp the concept and calculation of asset turnover.

Understand the relationship between profit margin, investment turnover, and ROI.

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Definitions:

Offsetting Errors

Offsetting errors occur when two or more accounting mistakes cancel each other out, resulting in no net effect on the financial statements.

Trial Balance

A trial balance is a bookkeeping report that lists the balances of all ledgers accounts in two columns, debits and credits, ensuring that total debits equal total credits.

Accounts Payable

Liabilities to creditors for goods or services that have been received but not yet paid for.

Credit

An accounting entry that increases liabilities or equity or decreases assets, representing a transfer of value in financial transactions.