The major disadvantage of a trust is
A. expense.
B. lack of privacy.
C. an often lengthy probate process.
D. lack of control.
Answer: A
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Richard is unambitious and prefers spending most of his time by himself. His colleagues consider him aloof and insecure. He finds it difficult to work under high pressure and often blames his colleagues. According to the Big Five personality dimensions, Richard's personality is
A. high in surgency. B. high in adjustment. C. low in agreeableness. D. high in openness to experience.
O'Bryan Company began the year with a balance of $18,000 in Salaries and Wages Payable and ended the year with $11,000 in the account. Salaries and Wages Expense for the period amounted to $91,000 . Under the direct method, O'Bryan will report cash payments for salaries and wages of:
a. $84,000 b. $102,000 c. $109,000 d. $98,000
All marketing strategy is built on segmentation, targeting, and ________
A) positioning B) product C) planning D) promotion E) performance
Which of the following is a stated principle of a NYSE report identifying key core governance principles?
a. Members of the Board of Directors should be primarily independent members. b. Effective corporate governance should be viewed as a compliance obligation. c. Effective corporate governance should be integrated with the company's business strategy. d. The Board of Directors has the primary responsibility for creating a culture of integrity and ethical behavior.