For the past several years, Bill Reynolds has retained accountant Chelsea Jones for help in preparing his personal income tax forms. Bill's boss recommended Chelsea because he had done a good job setting up the company's new accounting system. Bill is very satisfied with Chelsea's work and feels that the fees she charges are quite reasonable. Chelsea would be classified as a(n):
A) private accountant.
B) independent auditor.
C) public accountant.
D) accounting broker.
Ans: C) public accountant.
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Collectivist cultures might be more prone than individualists to see reward allocation based on ______ as fair.
A. equity B. seniority C. skills D. deference
According to Maslow's hierarchy of needs theory, social need refers to:
A. the need to feel connected to others. B. the need to realize one's fullest potential. C. the need for self-respect and recognition. D. the need for basic survival.
A judge instructs a jury in the law that applies in a case.
Answer the following statement true (T) or false (F)
Pizza Now!, a delivery, dine-in, or takeout restaurant, buys a delivery vehicle on credit from Quality Auto & Truck Dealers Corporation, but does not make a payment on the loan for sev¬eral months. Quality Auto repossesses the vehicle by towing it from a pub¬lic street. Pizza Now! suesQuality Auto for breach of the peace. Pizza Now! will probably
a. not prevail, because Quality Auto did not use judicial process. b. not prevail, because the repossession was not a breach of the peace. c. prevail, because Pizza Now! did not default on the loan. d. prevail, because the repossession was a breach of the peace.