Paying Payroll Service (PPS) Recently Declared Bankruptcy

question 75

Multiple Choice

Paying Payroll Service (PPS) recently declared bankruptcy. The price of PPS's stock has dropped from approximately $10 per share one year ago to $1 today. You can imagine that stockholders are not happy that the value of their stock has dropped so significantly. At the same time the financial position of the firm was deteriorating, PPS executives increased their salaries and perquisites substantially. Nothing they did violated any laws or was considered an unethical act. We would most likely describe this situation as _____. 

• A)an agency problem
• B)an accounting glitch
• C)an appropriate use of the tax laws
• D)an appropriate action, because executive compensation should always be increased substantially each year
• E)acceptable, because it is obvious that the executives were trying to maximize the value of the firm, which is what the shareholders want them to do

Define and identify different forms of workplace harassment and their legal implications.

Understand the scope of the Charter of Rights and Freedoms and its applicability to government actions.

Know the process of discrimination complaint resolution within human rights frameworks.

Describe strategies for creating an inclusive workplace culture that accommodates diverse employee needs.

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Definitions:

Units

Standard quantities used to specify measurements.

Quadrants

The four regions of a Cartesian plane divided by the x-axis and y-axis.

Rectangular Coordinate

A system of specifying points on a plane using two distances, typically known as the x and y coordinates, which define the position relative to two perpendicular axes.

Square

To multiply a number by itself, or a geometric figure with four equal sides and four right angles.