Answer the following statement(s) true (T) or false (F)
1. Being socially responsible means that a company must abandon it's other missions
2. Corporate Citizenship refers to a set of beliefs stating that socially responsible behavior is a good idea
3. Global corporate citizenship activities help companies create value, reputation, and competitive advantage
4. Enlightened self interest is the that the wealthiest members of society should be charitable
5. One of the most appealing arguments for CSR for business supporters is that voluntary social acts may head off government regulation
1. False
2. False
3. True
4. False
5. True
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When the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a:
a. debit to an expense account. b. credit to an expense account. c. credit to the Allowance account. d. debit to the Allowance account.
Usually, Casey is very friendly with customers. Last week, however, she had a bad day, and lost her temper with a customer in front of her supervisor. If her supervisor rates her poorly on customer service, that supervisor may be making which type of error?
A) leniency B) severity C) recency D) primacy