________ is a situation in which an agent does something during the course of his or her employment to further his or her own interests rather than the principal's.
A. Respondeat superior
B. Frolic and detour
C. Vicarious liability
D. Dual-purpose mission
Answer: B
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"Bait-and-switch" is
A. advertising a product for sale and then giving the customer a rain check. B. placing the store brand and the national brand side-by-side in a store to confuse customers. C. selling the store brand at a lower price than the national brand. D. advertising certain goods and then pressuring the customer to buy different, more expensive goods.
Which of the following is not true regarding preliminary analytical procedures performed by the auditor when planning the audit?
a. The primary preliminary analytical procedure for stockholders' equity accounts is a comparison of current year account balances with prior year account balances. b. If there are unusual or unexpected relationships, the planned audit procedures would be adjusted to address the potential material misstatements. c. The auditor should have an expectation as to the nature and magnitude of any account balance changes. d. Auditors show focus on just the numbers when performing analytical procedures.
To prevent sexual harassment, companies rely on top management support, training for all employees, and clear procedures for filing grievances.
Answer the following statement true (T) or false (F)
A study examined the performance of research and development teams, and found that
a. by helping team members overcome the mood dampening effects of typical research obstacles, the leaders with facilitative and transformational leadership styles were able to create “positive affective climates at work” which in turn influenced performance b. by helping team members suppress their emotions the leaders were able to make better decisions on this purely cognitive activity c. by helping team members practice administrative rationality, the leaders were able to avoid favoritism among the team members d. cognitive intelligence, but not emotional intelligence, was positively related to creativity and innovation