Carol is challenged to reach the new sales quota for her company. She believes that her hard work will result in exceeding the sales quota, which will allow her to receive the extra time off that she really wants for her summer vacation. This motivation process illustrates the ____ theory.
a. Equity
b. Expectancy
c. Herzberg’s
d. McClelland’s achievement
b. Expectancy
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When an auditor lacks independence with respect to a client, which of the following should the auditor issue?
a. A disclaimer of opinion. b. An adverse opinion. c. A qualified opinion with explanatory paragraph. d. An unqualified opinion.
Continuous improvement:
A. Is possible only in service businesses. B. Rejects the notion of "good enough." C. Strives to preserve acceptable levels of performance. D. Is not applicable to most businesses. E. Encourages employees to maintain established business practices.
Shanika lives in Oregon which imposes a state tax on income. For 2018, Shanika had the following transactions related to her state income taxes: State taxes withheld in 2018$3,500State refund received in 2018 of 2017 tax 600Additional assessment paid in 2018 of 2016 tax 750Shanika plans to itemize on her 2018 return. What amount of state and local taxes should Shanika deduct in calculating itemized deductions for her 2018 federal income tax return?
A. $4,850. B. $3,500. C. $4,250. D. $750.
Which contractual defense requires a confidential relationship?
A) Fraud B) Undue influence C) Misrepresentation D) Duress