A Study of IBM Showed That Their Long-Standing Policy of No

question 13

True/False

A study of IBM showed that their long-standing policy of no layoffs was the major cause of their strong profits.

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Definitions:

Accounting Information System

A system, typically computer-based, for managing financial data and processes, enabling the collection, storage, management, and reporting of financial transactions.

Financial Accounting

The branch of accounting that deals with summarizing, analyzing, and reporting business transactions to external entities, including investors and regulators.

Management Accounting

A field of accounting focused on providing financial data and advice to company managers for decision-making purposes.

Finance Manager

A professional responsible for managing the financial health of an organization, including planning, analysis, and decision making.