Which of the Following Is an Example of Human Sustainability

question 6

Multiple Choice

Which of the following is an example of human sustainability?

• A) Glenneth & Co., a pharmaceutical company, recruits employees on a temporary basis.
• B) Margaret works every day for eleven hours as a receptionist in a law firm.
• C) Carmel Works, a software company, provides ample health insurance coverage for its employees as well as their dependents.
• D) Preacher & Abel, a cosmetic company, cut down on the wages of its employees to reduce cost of production.
• E) Brent Inc. takes the initiative of planting trees across the town in which it operates.

Differentiate between traditional and activity-based budgeting approaches.

Understand the relationship between cash, capital expenditures, and financial budgets.

Calculate budgeted purchases based on inventory and cost of goods sold figures.

Comprehend the sequence of preparing different types of budgets.

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Definitions:

Net Income

The final income of a firm following the deduction of all expenditures, taxes, and interest from the gross revenue.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, revealing profit or loss.

Retained Earnings

Retained earnings are the portion of a company’s profits that is kept or retained rather than being paid out as dividends to shareholders or reinvested into the business.