The majority of an advertising agency's expenses are in the area of

A. media costs.
B. sales promotions.
C. market research.
D. salaries and benefits for employees.
E. production overheads.


Answer: D

Business

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If actual inflation was 4 percent over the past year and you owned a one-year bond that paid 6 percent interest, what was your after-tax realized real interest rate if your tax rate was 15 percent?

A. ?0.6 percent B. 0.0 percent C. 1.1 percent D. 2.0 percent

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Which of the following not a requirement for obtaining a CPA certificate?

A) Passing an examination prepared by the AICPA. B) Having experience in wordprocessing, electronic spreadsheets and databases. C) Acquiring college education in accounting. D) All of these are requirements for obtaining a CPA certificate.

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Which of the following is one of the political behaviors described in the textbook?

a. Self-promotion b. Reverse integration c. Disconnecting d. Leadership inversion

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In the law of negligence, in general, who do you owe a duty of care to?

A) those who pay for your services B) all those affected by your actions C) those who you should reasonably foresee will be affected by your actions D) only those who you actually know E) only those who you have a direct relationship with

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