Budgetary slack occurs:
a. when managers set unrealistic expectations for the budget.
b. when budgetary control is unrealistic.
c. when employees understate revenues or overstate expenses.
d. because employees manipulate the budget for their own goals.
e. All of the answers are correct.
e
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Organizations that collaborate to share suppliers are applying ______ theory.
A. three needs B. closed systems C. hierarchy of needs D. resource dependency
The first step in designing a _____ is to define the various entity classes and the primary keys that uniquely define each record or instance within each entity class.
Fill in the blank(s) with the appropriate word(s).
Michael issues a check to Paula. She negotiates the check to Hal as payment for a used television set. Hal has no notice of any claims or defenses and takes the check in good faith. Hal indorses the check and gives it to his son as a birthday present
Is Hal's son a holder in due course? What rights does he have with respect to the check? If Michael has a defense of fraud in the inducement against Paula, can he use that defense against Hal or Hal's son?
The fundamental purpose of a variable annuity is to
A) provide funding flexibility to the purchaser. B) provide a hedge against inflation. C) fund the purchase of cash value life insurance. D) guarantee a fixed-dollar benefit throughout retirement.