Which of the following is a multifactor measure of productivity?
A. Output/(Materials)
B. Output/All resources used
C. Output/(Labor + Capital + Energy)
D. Output/Inputs
E. All of these
Answer: C
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Which of the following fraud symptoms is often the easiest to detect?
a. Analytical anomalies b. Internal control weaknesses c. Accounting anomalies d. Lifestyle changes
Adam is writing a proposal to the board of directors about an idea he has for a new product line. What should he do to best persuade the members to adopt his idea?
A) Avoid using facts and figures as it may bore or confuse his readers. B) Show how his proposal will increase company revenues. C) Avoid mentioning any risks involved because doing so might scare the audience. D) Adam should do all of these.
Which one of the following assignments would probably be prohibited by a court?
a. Mary is in debt. A credit card company calls and threatens to sue. Mary orally assigns her next bimonthly paycheck to her creditor. b. John is a house painter. He is scheduled to paint Molly's home on Monday. John wakes up Monday morning with a stiff neck. He calls Ed, who is also a painter, to begin the job at Molly's. c. Ron has a contract with Bonett Bank to service their coffee machines. He assigns the remainder of his contract with Bonett to Michelle, who also owns a coffee service. d. All of these.
The Twain Harte Homeowners Association brought suit to quiet title in a recreational easement they alleged they held in the land of Earl Patterson. The easement provides for "recreational use and enjoyment for the benefit of the Twain Harte Tract."
Patterson says the description of the dominant estate is inadequate because he remains uncertain as to who actually holds the easement. He maintains the grant of the easement is void because of an invalid description. The Association maintains that the description is sufficient to indicate they, as homeowners, are the owners and beneficiaries. Who is correct?