Which of the following fiduciary funds does not require a statement of changes in net assets?I. Private-purpose trust fund. II. Agency fund.
A. Both I and II
B. II only
C. Neither I nor II
D. I only
Answer: B
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Terry has noticed that his colleagues at work frequently take breaks and leave the office to take personal phone calls. These behaviors are
a. not allowed in the handbook. b. norms. c. unproductive. d. roles.
Which of the following is a practical guideline in determining whether to use group decision making?
A. When it can encourage satisficing B. When it can increase speed C. When it can produce groupthink D. When it can increase development E. When a decision occurs infrequently
The leverage hypothesis proposes that a firm's dividend policy can provide information about management's behavior with respect to wealth maximization.
Answer the following statement true (T) or false (F)
Regarding promotion methods, which of the following statements is true?
A. Sales promotion activities produce results very slowly compared to advertising. B. Advertising is the most expensive form of promotion method. C. Personal selling can provide immediate feedback. D. Advertising is usually more tailored to the individual needs and attitudes of target customers than personal selling. E. Publicity is any paid form of nonpersonal presentation of ideas, goods, or services.