In preparing a cash budget, the ________ seasonal and uncertain a firm's cash flows, the ________ the number of budgeting intervals it should use

The sales managers and director of sales need to evaluate sales production levels. The company's policy has been to compare each sales representative's sales to their sales the previous year

Which of the following is the strongest argument for changing this method of evaluation? A) Sales representatives do not always sell the same amount each year. B) Sales representatives should not be evaluated by the amount that they sell. C) Changes in products or prices can change sales amounts, so yearly figures are not comparable. D) Because of the product life cycle, amounts should be compared quarter to quarter, not year to year. E) Comparisons should be made to the group as a whole, not to individuals themselves.

Which of the following is NOT an example of corporate social responsibility?

A. Establishing a company's environmental footprint and taking measures to reduce it. B. Establishing living wage payment for factory workers in the Mexico manufacturing plant. C. Offering employees the opportunity to volunteer at local not for profit organizations for 1% of their work time. D. Offering shareholders the potential for greater returns. E. Offering products to base-of-pyramid markets that improve standard of living.