Which of the following statements is true?
A. Systematic risk is also referred to as idiosyncratic risk, while unsystematic risk is also referred to as implicit risk.
B. Unsystematic risk is also referred to as implicit risk, while systematic risk is also referred to as idiosyncratic risk.
C. Systematic risk can be reduced by diversification, while unsystematic risk cannot be reduced by diversification.
D. Unsystematic risk can be reduced by diversification, while systematic risk cannot be reduced by diversification.
Answer: D
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The best-known self-regulatory group is the ________, which is a voluntary alliance of companies whose goal is to help maintain fair practices.
A. U.S. Department of Justice B. National Chamber of Commerce C. Better Business Bureau D. National Federation of Independent Business E. Federal Trade Commission
Prior period adjustments ________
A) always increase the beginning balance of retained earnings B) are shown on the statement of retained earnings as corrections to the beginning balance C) can be ignored because the financial statements have already been issued D) must be recorded in the period in which the error occurred
As head of the sales team, Kevin has the power to dispense sales leads to the members of the team. He gives the best leads to the personnel who impress him the most at any given moment, and therefore the members of the team are always trying to impress Kevin. He possesses ________ power.
A. coercive B. expert C. reward D. legitimate E. referent
Compare and contrast defensive and nondefensive communication.
What will be an ideal response?