Narrative 11-1 Unilever Has Operations in 150 Countries. Recently,Unilever Took 100 of 100

question 50

Multiple Choice

Narrative 11-1
Unilever has operations in 150 countries. Recently,Unilever took 100 of these top managers on a jungle retreat to Costa Rica. To the dismay of Unilever's chair,no women were in the group. Upon investigation,he learned that only one woman had even been invited. As the retreat progressed,its participants commented on the richness of diversity in nature and how for anything to grow,there needs to be diversity. These comments caused Unilever's chair to establish an executive committee to examine practical ways to overcome barriers to women's promotion. They decided to avoid setting numerical targets because they encourage positive discrimination and instead examined recruitment and promotion practices.
-Refer to Narrative 11-1. What are the potential benefits of this diversity program?

• A)growth in domestic sales  
• B)the improvement in supplier relationships  
• C)increased independent work  
• D)the ability to attract and retain a better workforce

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Definitions:

Wages Expense

An accounting term that refers to the total cost incurred by a company to pay its employees, recognized in the period employees perform the work.

Book Purposes

Refers to accounting methods and practices used to prepare financial statements for regulatory reporting, as opposed to tax calculations.

Interperiod Tax Allocation

An accounting technique that aims to match tax expenses with the revenues for the period in which they were earned, regardless of when taxes are paid.

Taxable Income

The portion of an individual's or corporation's income that is subject to taxation by governmental authorities.