To be effective, ethics officers must ______.
A. focus exclusively on their ethics duties
B. function independently
C. have high power and status
D. all of these
D. all of these
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Martin Sales provides the following information
Net credit sales: $800,000 Beginning net accounts receivable: $40,000 Ending net accounts receivable: $22,000 Calculate the accounts receivable turnover ratio. (Round your answer to the nearest whole number.) A) 20 times B) 26 times C) 36 times D) 35 times
Which of the following statements about the grace period in a whole life insurance contract is (are) true?
I. The purpose of the grace period is to prevent the policy from lapsing by giving the policyowner additional time to pay an overdue premium. II. If the insured dies during the grace period, the death benefit is reduced by 50 percent. A) I only B) II only C) both I and II D) neither I nor II
Risk that affects all firms is called
A) management risk. B) nondiversifiable risk. C) diversifiable risk. D) total risk.
The legislature may exercise control of administrative agencies in all of the following ways, EXCEPT:
A) through its budgetary power. B) through the power to appoint and remove chief administrators. C) by amending an enabling statute to increase, modify, or decrease an agency's authority. D) All of these are ways the legislature controls agencies.