Who is the most skilled of all tax professionals, but also the most expensive?
A) Financial Advisor
B) Fiduciary
C) Certified Financial Representative
D) An Accountant
E) Taxidermist
D) An Accountant
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Which of the following is best described as a market-oriented business definition?
A) Missouri-Pacific Railroad: We run a railroad. B) Xerox: We make copying equipment. C) Standard Oil: We sell gasoline. D) Encyclopedia Britannica: We distribute information. E) Columbia Pictures: We make movies.
Which of the following statements about variances is false?
a. Standards that provide for no inefficiency of any kind are called ideal standards. b. Ideal standards will quite often produce favorable variances. c. Another name for ideal standards is theoretical standards. d. Both favorable and unfavorable variances should be investigated.
Which of the following statements regarding budgets is true?
A) They rarely use estimates. B) They should not be used for performance evaluations. C) They should focus on past performance. D) They will likely require the input of more than one manager.
The banking industry study found that racial diversity was positively associated with the company's performance when the company ______.
a. did not target a specific business strategy b. pursued a growth strategy c. simultaneously pursued multiple business strategies d. pursued a downsizing strategy