Managerial accounting is an activity that helps managers determine costs of products and services, plan future activities, and compare actual to planned results.
Answer the following statement true (T) or false (F)
True
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Psychologist Holtz is working with a patient, Rebecca, who has expressed the intention to seriously harm two of her acquaintances. If you apply the principle set forth by the Supreme Court of California in the Tarasoff v. Regents of the University of California case, Psychologist Holtz
a. has, because of the bystander rule, no duty to warn the foreseeable victims about Rebecca's expressed intention to harm them. b. has a duty to exercise reasonable care to protect foreseeable victims of Rebecca's violence. c. is in a special relationship with patients, and this relationship creates a privilege of confidentiality between the communicants. d. will be held to a strict duty of care and will be held liable for any victim's injuries if Holtz failed to warn them of Rebecca's potential violence toward them.
Marketing managers can take each of the following corrective actions for reducing a discrepancy between established performance standards and actual performance except
A. improving actual performance. B. reducing the performance standard. C. totally changing the performance standard. D. changing the marketing strategy. E. coordinating a new step in performance analysis.
Why is Transparency International's Corruption Perception Index important for economic systems?
a. Because it shows economic systems function perfectly well without any attention to ethical issues b. Because it shows that bribery and corruption are a necessary part of economic growth c. Because it shows that economic growth increases at the same pace as political corruption d. Because it shows that economic growth requires a level playing system for all risk-takers
You buy a T-bill, which has a par value of $10,000 for $9,600 and the T-bill has a one-year maturity. What will be your return?
A) 2.5% B) 4.2% C) 4.8% D) 6.0%