Quaniqua is an insurance agent who sells the products of over 20 different insurance companies. What type of agent is she?
A) Exclusive
B) Direct-writing
C) Independent
D) Soliciting
C
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Connor complained to his fellow division manager, "Amber, our company is bogged down with cumbersome bureaucratic requirements. We must convince our executive leadership that we need to act fast to meet customer needs and to respond to other outside pressures! We need to correct past mistakes quickly and prepare for an uncertain future! We must respond to threats and capitalize on opportunities! We must place a premium on ________!"
A. agility B. delegation C. size D. TQM E. formalization
The individual generally responsible for the direct-material price variance is the:
A. purchasing manager. B. head of the human resources department. C. production supervisor. D. finance manager. E. sales manager.
The following information relates to Attor, Inc.: Total assets$9,000,000 After-tax operating income 1,500,000 Current liabilities 800,000 If the company has a 10% weighted-average cost of capital, its economic value added would be:
A. $680,000. B. $(200,000). C. $530,000. D. $970,000. E. None of the answers is correct.
With respect to residential rental property
A. gain is not subject to the depreciation recapture provisions if the property is held more than one year. B. 80% or more of the net rental income from the building or structure must be rental income from dwelling units in order for it to be classified as residential rental property. C. hotels are not included in this category if less than half of the units are used on a transient basis. D. 80% or more of the gross rental income from the building or structure must be rental income from dwelling units in order for it to be classified as residential rental property.