When a few individuals at the top of an organization retain decision-making authority, the organization is referred to as a(n):

A) investment center.
B) decentralized organization.
C) profit center.
D) centralized organization.


D

Business

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Which of the following is a traditional approach to corporate culture?

A. Customer-based B. Values-based C. Compliance-based D. Integrity-based

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Under the Revised Act, a corporation can act as an incorporator of another corporation

a. True b. False Indicate whether the statement is true or false

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________ are information systems that support the management and delivery of documentsand other expressions of employee knowledge

A) Document management systems B) Enterprise resource systems C) Expert systems D) Content management systems

Business

If a fully-taxable bond yields a BTROR of 8% (Rb = 8%) and a tax-exempt bond of similar risk earns a BTROR of 5% (Rf = 5%), then the implicit tax is

A. 5%. B. 8%. C. 3%. D. None of the above.

Business