Hiring competent employees who are provided ongoing training
A) Can increase risks from accidents and errors
B) Can increase the amount of fraud
C) Can reduce risks from accidents and errors
D) Can reduce an enterprise's risk tolerance
Answer: C
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On January 2, 2012, Marshall Inc. issued 5,000 shares of 6% cumulative preferred stock at $100 par value. On December 31, 2015, Marshall Inc. declared and paid its first dividend. What dividends are the preferred stockholders entitled to receive in the current year before any distribution is made to common stockholders?
A. $120,000 B. $90,000 C. $30,000 D. $0
When companies collect secondary and primary data, such as that they get from Internet searches, focus groups, and databases, they are doing what is called environmental scanning
Indicate whether the statement is true or false.