A deed is:
a. a document detailing the expenses associated with maintaining a piece of property b. the means by which the owner of property has legal possession of the property
c. the means by which an owner of property sues when someone violates his property rights d. the cheapest way to file taxes on piece of property
e. none of the other choices are correct
e
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If the principal invested in a bank at an annual interest rate of 6% is $3,000, the interest that will accumulate on the principal after a year will equal
A. $180. B. $300. C. $500. D. $700.
The Securities and Exchange Commission is an accounting information user with a direct financial interest
Indicate whether the statement is true or false
In which of the following contracts is the delivery delayed, though the commodity is sold and paid for?
A. a forward contract B. an option contract C. a spot contract D. a future contract
Answer the following statement(s) true (T) or false (F)
1. Discontinuous change means evolutionary or transactional forms of change within an organization. 2. Examples of shifts in an organization’s external environment include economic downturns, new technology, company mergers, and new laws. 3. Organizations can ask themselves “What to change” and focus on either new technology that is needed to aid in the change or re-organizing their labor. 4. The life-cycle theory is important because it states that an organization “follows a single sequence of stages or phases, which is cumulative and conjunctive” and helps lead us to understand which phase the company is in. 5. Teleological theory assumes that an organization is purposeful and adaptive.