Suppose Paul Tram borrowed $15,000 at 9.12% for 120 days. If the bank uses exact simple interest, what is the amount of interest?
a. $427.30
b. $429.25
c. $449.75
d. $437.27
c
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An employee regularly earns $12 per hour for an 8-hour day with time-and-a-half for overtime hours. Assuming that the employee works a 12-hour day, the total amount of overtime premium is:
a. $72. b. $48. c. $24. d. $6.
The amount of time that an agent works for a principal is not one of the factors in determining independent contractor status
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. While there are guidelines in selecting the right intervention, the best practice is to work closely with the client to determine what engagement is most appropriate for the problem and the client organization. 2. Short-term change is most likely when the intervention is well structured for success. 3. OD interventions are primarily power-coercive approaches to change. 4. Everything about an intervention should be consistently directed toward its outcomes. 5. The change agent is likely to be inactive during the intervention stage, which is appropriate since transfer to the client is necessary.
When setting objectives for the whole firm, top management should
A. set objectives that focus on the highest possible immediate profit potential. B. involve the marketing manager in the process. C. stick to general objectives, in order to maintain flexibility. D. set objectives beyond what can actually be achieved, so everyone will work harder. E. All these approaches are useful when setting objectives.