Research on McClelland’s content theory of motivation found that successful managerial performance requires individuals high in the need for ______ and low in the need for ______.
A. achievement, power
B. power, affiliation
C. power, achievement
D. achievement, psychological
B. power, affiliation
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Which of the following statements regarding Individual Retirement Accounts (IRA) is incorrect?
A. Excess contributions to an IRA are subject to an excise tax. B. Contributions to a conventional IRA may be tax-deductible while contributions to a Roth IRA are never tax-deductible. C. Once a taxpayer reaches age 70½, deductible contributions cannot be made to a conventional IRA. D. Because IRA contributions are based on compensation, a non-working spouse cannot make a contribution to an IRA.
What is another name for the par value of a preferred stock?
A. Liquidation value B. Interest C. Preference value D. Cumulative value E. Hybrid value
An agent has a duty to follow all clearly stated instructions of the principal, lawful or not.
Answer the following statement true (T) or false (F)
?The margin requirement for a futures contract is a 1. small percent of the value of the contract 2. large percent of the value of the contract 3. source of leverage
A. 1 and 2 B. ?1 and 3 C. ?2 and 3 D. ?only 3