Madonna is a famous singer; as such, she may select to settle her estate through a trust because of which reason(s)?
A) Trusts are harder to challenge.
B) Trusts reduce estate taxes.
C) Trusts provide confidentiality.
D) Trusts allow for professional management.
E) All of the above
Answer: E
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A fraud perpetrator is able to convince a potential victim that he will receive a large bonus if he supports him in a fraud scheme. Which type of power is the fraud perpetrator using?
a. Expert power b. Coercive power c. Legitimate power d. Reward power
Budgeting is the process of identifying, gathering, summarizing, and communicating financial and nonfinancial information about an organization's future activities
Indicate whether the statement is true or false
Atlas Consultancies, a financial consulting firm, has received a tender offer for a takeover from a rival firm. In order to retain the goodwill of its management, Atlas gave its employees large bonus packages and other forms of compensation
Which of the following defensive strategies is Atlas using? A) porcupine provision B) golden parachute C) white knight D) greenmail
Informal rulemaking under the Administrative Procedure Act is appropriate when an agency's enabling legislation ________
A) or other congressional directives do not require another form B) states that all rules must be enacted by the agency as part of a formal hearing process that includes a complete transcript C) or other congressional directives do not state that the agency must promulgate regulations D) does not allow the submission of written comments by parties