When sending routine replies and positive messages you should place your main idea in the? _____________of the message.
A. body
B. salutation
C. opening
D. closing
E. last section
Answer: C. opening
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According to the human fulfillment model, the psychological and social benefits of work do not reduce to merely subjective and personal values.
Answer the following statement true (T) or false (F)
The process of developing a master budget differs among manufacturing, retail, and service organizations in terms of preparation of
A) cash budget. B) capital expenditures budget. C) income statement. D) operating budgets.
Universal Airlines (Universal) needs additional aircraft to expand internationally, and it could borrow the needed funds and purchase the aircraft. This arrangement places additional debt on the balance sheet. Instead, Universal signs an lease agreement in which it agrees to pay the owner of the aircraft certain amounts each year for 18 years. The aircraft has an estimated service life of 18
years. Universal paints its name on the aircraft, uses the aircraft in operations, and makes the required minimum lease payments that compensates the lessor for the cost of the aircraft and provides a reasonable return for the risk involved. Which of the following is true? a. Universal has entered into a contingent lease and does not show a liability on the balance sheet. b. Universal recognizes lease expense on a straight-line basis during the 18 year period. c. Universal obtains financing for its flight equipment without showing a liability on the balance sheet. d. Universal has entered into an operating lease and recognizes a lease liability on its balance sheet. e. Universal has entered into a capital lease and recognizes a lease liability on its balance sheet.
Over time, there has been a high correlation between actual rates of return on securities and the
securities' standard deviations of returns. Indicate whether the statement is true or false