The Federal Deposit Insurance Corporation (FDIC) insures each depositor at a commercial bank, savings and loan association, or mutual savings bank up to a loss of ________ per account
A) $100,000
B) $250,000
C) $500,000
D) $1,000,000
B
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The formula for nonstatistical sampling sample sizes provided by the AICPA:
A. includes a provision for the risk of incorrect acceptance. B. must be used for nonstatistical sampling. C. is largely based on the variation of items in the account. D. includes a measure for the expected misstatement in the population.
Stintson Corp. had agreed to create employee identity cards for McLaughlin Inc. for $60,000. Some of the cards delivered by Stintson Corp. had damages made during the lamination process. McLaughlin Inc. promised Stintson Corp. an additional $20,000 to replace the damaged identity cards, and Stintson Corp. did so. Then McLaughlin Inc. refused to pay Stintson Corp. more than $60,000 for the work. Which of the following statements is true of this situation?
A. Stintson Corp. would still be entitled only to $60,000 because such an act is new consideration that was provided to support the modification. B. Stintson Corp. is not entitled to any more than $60,000 for its work. C. Stintson Corp. is entitled to the additional $20,000 as legal value has nothing to do with adequacy of consideration. D. McLaughlin Inc. owes Stintson Corp. the additional $20,000.
Claire’s boss attempts to influence her by providing relevant resources and assistance. Her boss is using which influence tactics?
A. collaboration B. legitimating tactics C. consultation D. rational persuasion
The grapevine in an organization
a. is typically no more or less accurate than other channels. b. serves no necessary purpose; thus, managers should work to eliminate it. c. passes a message in single file from person to person until it finally reaches the end of the line. d. has a single, consistent source.