Which of the following is not an example of the function of an Agency Fund?

A. Periodic distribution by the state government of county sales taxes.
B. Collection of property taxes for the school district by an elected county government official.
C. Collection of local government sales taxes by the state government.
D. Payment of pension benefits to retired government employees.


Answer: D

Business

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Employees with a(n) ______ locus of control will probably resist close managerial supervision and should probably be placed in jobs requiring high initiative and lower compliance.

A. high B. low C. external D. absent E. internal

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What is the difference between consumer promotions and trade promotions?

What will be an ideal response?

Business

Which of the following is not a component of contributed capital?

A) ?Preferred stock B) ?Treasury stock C) ?Earned capital D) ?Additional paid-in capital

Business

The probability of an economic decline in the year 2008 is 0.23. There is a probability of 0.64 that we will elect a republican president in the year 2008. If we elect a republican president, there is a 0.35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president. a.Are R and D independent events?b.What is the probability of a Republican president and economic decline in the year 2008?c.If we experience an economic decline in the year 2008, what is the probability that there will a Republican president?d.What is the probability of economic decline or a Republican president in the year 2008? Hint: You want to find P(D?R).

What will be an ideal response?

Business