A ________ is a relationship between two or more persons or corporations set up for a specific business undertaking or a limited time period
A) general partnership
B) joint venture
C) syndicate
D) franchise
B
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Monetary policy can affect the level of output
A. only in the short run. B. only in the long run. C. in both the short run and long run. D. in neither the short run nor the long run.
Treasury bills issued by the U.S. government
A. do not have a specific period of maturity. B. promises to pay dividends to its owners. C. are long term debt securities. D. are short term debt securities.
Which of the following presumptions is correct about the reliability of audit evidence?
A. Information obtained indirectly from outside sources is the most reliable audit evidence. B. An effective internal control system provides more reliable audit evidence. C. To be reliable, audit evidence should be convincing rather than persuasive. D. Reliability of audit evidence refers to the amount of corroborative evidence obtained.
Answer the following statements true (T) or false (F)
1. While there is no universally accepted list of leadership traits, some contemporary leadership theories include traits. 2. Not all successful leaders are spiritual. 3. The trend is for companies to develop ethical cultures. 4. Four-dimensional leadership styles are four possible leadership styles that are based on the dimensions of job structure, leader power, employee maturity, and employee consideration.