Professor Dought has a life insurance policy on his own life that provides that in the event of his death, his mother will receive the proceeds. Professor Dought's mother is a(n):
A) incidental beneficiary.
B) creditor beneficiary.
C) donee beneficiary.
D) assignee.
C
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One important function of mapping dependencies and building a social network is to prevent project managers from being derailed because they were blindsided by someone whose position or power they had not anticipated.
Answer the following statement true (T) or false (F)
Biden Department Store has four departments: men's, women's, children's, and electronics. The following information is provided:
The company's accountant needs to allocate the store's annual rent of $160,000.Required:1) Compute the allocation rate that should be used to allocate the rent cost to the four departments.2) Compute the amount of rent that should be allocated to each of the four departments.3) Currently, the managers are paid a bonus based on sales. As you can see from the above table, the women's department manager will receive the largest bonus. Do you believe this bonus plan is fair to all four department managers? Why or why not?
What will be an ideal response?
Your firm is considering an investment that will cost $750,000 today. The investment will produce
cash flows of $250,000 in year 1, $300,000 in years 2 through 4, and $100,000 in year 5. What is the investment's discounted payback period if the required rate of return is 10%? A) 3.33 years B) 3.16 years C) 2.33 years D) 2.67 years
A high level of ________ may help leaders develop a vision for their organizations, motivate their subordinates to commit to this vision, and energize them to enthusiastically work to achieve this vision.
A. reward power B. emotional intelligence C. expectancy D. coercive power E. consideration