The success of financial institutions requires an understanding of _____.

A. regulations regarding the maximization of wealth applicable to the corporations
B. regulations that affect these financial institutions
C. the environment-friendly manufacturing methods adopted by various corporations
D. the socially responsible behavior required to be demonstrated by these institutions
E. their accountability in reporting the financial information for a publicly-traded company


Answer: B

Business

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For a sales-type lease, cost of asset leased is valued by the lessor at

A) the recorded cost assigned to the inventory less the present value of the guaranteed residual value of the leased property accruing to the benefit of the lessor. B) the recorded cost assigned to the inventory less the undiscounted value of the unguaranteed residual value of the leased property accruing to the benefit of the lessor. C) the recorded cost assigned to the inventory less the present value of the unguaranteed residual value of the leased property accruing to the benefit of the lessor. D) the recorded cost assigned to the inventory less the undiscounted value of the guaranteed residual value of the leased property accruing to the benefit of the lessor.

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A forklift has a mean time between failures of 193 hr and mean time to repair of 20 hr. In this case, the availability is ______.

A. 90.6% B. 62.3% C. 81.7% D. 97.8%

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Which of the following is considered a growth strategy?

a. concentration b. adaptation c. analysis d. duplication

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Kayla is able to go into work at different times of the day and leave when she wants. Her employer is OK with this as long as the hours worked add up to her full-time status. Kayla is working what type of nontraditional work schedule?

a. Flextime b. Compressed workweek c. Job sharing d. Telecommuting

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