The percentage of _____ out of disposable income has decreased due to low interest rates.
A. savings
B. expenditure
C. taxable income
D. insurance
E. retirement funds created
Answer: A
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Which of the following statements is false?
a. Inherent risk is inversely related to the level of control risk. b. Inherent risk is directly related to the amount of evidence required in account testing. c. Inherent risk is the susceptibility of the financial statements to material misstatement, assuming no internal controls. d. Inherent risk and control risk are assessed by the auditor and controlled by the client.
Arvid works at a new smoothie shop that has not yet made a profit. The boss tells Arvid and the other workers that whoever sells more than 30 smoothies during their daily shift will earn a bonus. Arvid’s boss is primarily using what type of function?
A. leadership by building teams and coalitions to inspire people B. management by developing an incentive program to solve a problem C. management by placing people in the appropriate jobs according to skill D. leadership by creating a vision to inspire change
If a woman is informed of her husband being run over by a bus the previous night, she can recover damages for negligent infliction of emotional distress.
Answer the following statement true (T) or false (F)
Which of the following statements describe leadership?
a. Leadership involves the ability to mentor and motivate people b. Leadership means inspiring and transforming people and organizations c. Leadership involves the ability to create a vision for the organization d. All of the above