Which of the Following Is a Recommended Action for Increasing

question 68

Multiple Choice

Which of the following is a recommended action for increasing the number of women in top management positions of large companies?

• A)drawing on the HR and communication specialties for CEO candidates, rather than on finance and operations
• B)appointing co-CEOs, one of whom is female
• C)placing more women on boards of directors
• D)requiring that at least one woman be considered every time the position of CEO becomes open

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid, respectively.

Recorded When Incurred

An accounting principle that stipulates expenses should be recognized in the financial statements in the period they are incurred, regardless of when the cash payments are made.

Adjusting Entries

Journal entries made at the end of an accounting period to update account balances before financial statements are prepared.

Account Balances

The total amount of money in a financial account, calculated by adding all credits and subtracting all debits.