The Acme Accounting firm has laid off 20 percent of its corporate staff due to declining profits in the prior fiscal year. These layoffs substantially reduced operating expenses, which had been higher than those of most other accounting firms of similar size that offer similar services. However, a consultant hired by Acme predicted that these layoffs would not result in a net profit for Acme.
Which of the following, if true, would provide the strongest justification for the consultant's prediction?
A. Acme's net profits were already lower than those of other accounting firms of similar size.
B. Acme did not lay off any staff from several departments that have relatively high operating expenses.
C. Accounting firms that hire some of the laid-off staff will probably acquire some of Acme's clients.
D. An accounting firm that is substantially larger than Acme experienced lower profits after having laid off 20 percent of its corporate staff.
E. The most profitable accounting firms have
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Which of the following, if true, would provide the strongest justification for the consultant's prediction?
A. Acme's net profits were already lower than those of other accounting firms of similar size.
B. Acme did not lay off any staff from several departments that have relatively high operating expenses.
C. Accounting firms that hire some of the laid-off staff will probably acquire some of Acme's clients.
D. An accounting firm that is substantially larger than Acme experienced lower profits after having laid off 20 percent of its corporate staff.
E. The most profitable accounting firms have
...
Statistics : Posted by playthegame • on 01 Jun 2024, 10:53 • Replies 0 • Views 22
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