A zero on a relationship line indicates:
A) that the relationship line is undefined.
B) the absence of any well-defined entities.
C) that none is possible for the next relationship.
D) that the relationship should be used to create an associative entity.
C
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A non-governmental organization (NGO) has all the following characteristics, except:
A) Holds shared values or attitudes B) Advocates for change C) Makes claims or demands that business take actions D) Is part of the private sector E) Is part of the executive branch of government
Racketeering is a single crime—engaging in financial transactions to conceal the identity, source, or destination of illegally gained funds
Indicate whether the statement is true or false
Legal duties of an executor include all of the following except
a. extending sympathy and comforting the bereaved initially and throughout the traumatic experience of probate. b. notifying heirs and designated beneficiaries of the death and of the contents of the will. c. paying debts of the decedent and of the estate, and receiving and safekeeping any income of the estate. d. preparing a final accounting report of the administration of the estate for court review and approval before discharge.
Which of the following statements about combined (operating & financial) leverage is true?
A) Usage of both operating and financial leverage reduces a firm's risk. B) If a firm employs both operating and financial leverage, any percent change in sales will produce a larger percent change in earnings per share. C) A firm that is in a capital-intensive industry should use a higher level of financial leverage than a firm that employs low levels of operating leverage. D) High operating leverage and high financial leverage offset one another, meaning that if sales increase by 10%, then EPS will also increase by 10%.