The essential qualities of an effective vision include all of the following EXCEPT
A. The vision should be communicated to all.
B. The vision has to make strategic sense.
C. The vision should be a source of inspiration to others.
D. There should be a passion for the vision.
E. All team members have the same vision.
Answer: E
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Contrast the accounting problems presented by definitely determinable liabilities and those associated with estimated liabilities
Sarakose Co. is a U.S. company with sales to Canada amounting to C$5 million. Its cost of materials attributable to the purchase of Canadian goods is C$7 million. Its interest expense on Canadian loans is C$5 million. The dollar value of Sarakose's "earnings before interest and taxes" would ____ if the Canadian dollar appreciates; the dollar value of its cash flows would ____ if the Canadian dollar appreciates.
a. increase; increase b. decrease; increase c. decrease; decrease d. increase; decrease e. increase; be unaffected
An important guide for use of visuals in a presentation is to remove the visual from view when you have finished talking about it
Indicate whether the statement is true or false
The difference between an inter vivos gift and a gift causa mortis is that the inter vivos gift is made during the donor's lifetime and a gift causa mortis is a gift is made after the donor's lifetime by the donor's estate
a. True b. False Indicate whether the statement is true or false