When employees initiate a turnover, when the organization would prefer to keep them, it is called ________ turnover.

A. involuntary
B. retentive
C. voluntary
D. dysfunctional
E. external


Answer: C

Business

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A cash payments journal is a special journal used to record all of the following EXCEPT

a. a payment of an expense by check. b. a cash purchase of supplies. c. a cash withdrawal by the owner. d. an asset accepted as payment by a supplier.

Business

In 20Y1, Ms. Graves transferred appreciated property to KL Partnership in exchange for an ownership interest in the partnership. She deliberately waited until 20Y3 before taking cash out of the partnership. Ms. Graves may have been trying to prevent the IRS from applying the:

A. Substance over form doctrine B. Step transaction doctrine C. Economic substance doctrine D. Business purpose doctrine

Business

Which of the following will always lower a portfolio's beta?

I. Diversify among different types of securities and across industry and geographic lines. II. Add investments with low betas to the portfolio. III. Hold more cash or Treasury Bills in the portfolio. IV. Reduce the percentage of the portfolio invested in high beta securities. A) I, II and IV only B) II, III and IV only C) I, II and III only D) I, II, III and IV

Business

A high TRIN value is considered

A) good for the market when the number of advancing stocks is declining. B) good for the market when the volume of advancing stocks is declining. C) bad for the market when the trading volume in the declining stocks is rising. D) bad for the market when the number of declining stocks is stable.

Business