Financial leverage is distinct from operating leverage since it accounts for
A) variability in fixed operating costs. B) changes in EBIT.
C) use of debt and preferred stock. D) variability in sales.
C
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Roger is the head of the insurance claims department. Roger works for longer hours than his subordinates, however, he is not paid overtime for working more than 40 hours per week. Under the FLSA, which statement justifies the organization's decision not to give Roger's overtime pay?
A. Roger is not a U.S. citizen. B. Roger has lower educational qualifications than his subordinates. C. Roger is considered as an exempt employee. D. Roger is unmarried. E. Roger comes from an economically strong background.
An electronic funds transfers system ________.
A) does not include debit card transactions B) is seldom used by businesses C) transfers cash by electronic communication rather than by paper documents D) uses forms such as checks and deposit tickets to transfer cash
In the context of the root causes of managerial incompetence and derailment, which of the following occurs when taxing situational or follower events permanently disrupt a person's ability to build teams or get results?
A. managerial derailment B. episodic managerial incompetence C. moronization of management D. chronic managerial incompetence
Kendra works as an independent representative for a jewelry company. She holds "parties" in peoples' homes where she can display and talk about the jewelry she sells. What form of retailing does this represent?
A. shop-at-home retailing B. opportunistic buying C. a retailing cooperative D. convenience retailing E. direct selling