Which of the following factors would be least likely to affect the estimate of the warranty liability?
a. Changes in the product.
b. Changes in the nature of the warranty.
c. Changes in the sales staff.
d. Changes in sales volume.
c
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A conflict of interest occurs when:
a. an employer knows of an employee's interest in a business deal or negotiation. b. an employee has an economic or personal interest in a transaction that adversely affects the company. c. employees offer, give, receive or solicit anything of value in order to influence an official act. d. employees demand payments from vendors for deciding in the vendors' favor.
Which of the following is NOT a main tenet of the new public service?
A) Serve rather than steer B) Think local, act global C) Think strategically, act democratically D) Serve citizens, not customers
Which sentence is correctly punctuated?
A) ?Standardized tests are used by most states to measure student success, however many states are adopting more culturally diverse tests. B) ?Amanda was selected as employee of the month thus, she received a reserved parking space. C) Many Americans take advantage of low financing rates when purchasing new, more energy-efficient automobiles; nevertheless, many Americans cannot afford a new vehicle.
Which of the following statements regarding the return on equity (ROE) measure is incorrect?
A. ROE is used to measure the profitability of the firm in relation to the amount invested by stockholders. B. ROE is affected by a company's use of leverage. C. ROE equals net income divided by average total stockholders' equity. D. A company's ROE is lower than its return on investment because ROE does not consider that part of the business that is financed by debt.