The "Truth in Savings Law" requires banks to advertise their rates on investments such as CDs and savings accounts as annual percentage yields (APY)
Indicate whether the statement is true or false.
Answer: TRUE
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When two companies form a joint venture and each company owns exactly 50% of the joint venture:
A. the cost method is used. B. the equity method is used and line-by-line consolidation is required. C. the company that has more net assets is deemed the parent. D. the equity method is used and line-by-line consolidation is not required.
What is a typical first response in the progressive discipline system?
A. termination B. official spoken warning C. unofficial spoken warning D. temporary suspension with no written notice E. written warning with threat of temporary suspension
Computer viruses are so named because they act on programs and data in a fashion similar to the way viruses act on living tissue.
Answer the following statement true (T) or false (F)
What do (good) employee performance appraisals have in common with the manager-evaluation balanced scorecard approach?
a. They give ethical behavior priority over other behaviors. b. They focus mostly on leadership skills. c. They take a holistic approach. d. They are designed to measure promotion potential.