Performance reports for cost centers should compare actual versus budget ________ costs

In certain circumstances, a court will ________________________ and hold a shareholder personally liable for a corporate obligation. Can happen when a corporation is deemed to be an _____________ of the shareholder-owner.

Fill in the blank(s) with the appropriate word(s).

Which of the following is true of Milton Friedman's dictum about the social responsibility of business?

A. Organizations can improve the quality of life so long as their actions are directed at increasing profits. B. The responsibilities of an organization are clearly defined by the laws and regulations imposed upon them. C. Organizations need to focus primarily on environmental factors to create sustainable growth. D. The goal of an organization is to satisfy stakeholders despite economic or political conditions. E. The goal of an organization is to provide customer satisfaction and employee well-being even at the cost of revenues