Which situation is an example of a voluntary turnover?
A. Cody, a trainee at PublicWorks Inc., is reprimanded for arriving late at work every day.
B. Lila, an employee at Architect International, is about to resign her job to start her own business.
C. Kevin, a manager at Exotic Travel Co., is suspended for a month due to drug use.
D. Nora, a supervisor at GreenLeaf LLC, is demoted from her current position.
E. Claire, an employee at Alpha Corp., is transferred to another city for career growth.
Answer: B
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Which of the following U.S. federal agencies was created in response to the terrorist attacks on September 11, 2001?
A) the Federal Bureau of Investigation B) the Central Intelligence Agency C) the National Security Agency D) the U.S. Department of Homeland Security
Erte applies for, and obtains, casualty insurance coverage from Friendly Insurance Company for his business, Golf Club, Inc. The effective date of the policy is the date
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Indicate whether the statement is true or false
Which of the following should be excluded from a firm's capital structure?
A) Common equity B) Non-interest bearing debt C) Long-term debt D) Short-term bank notes