Which of the following is the purpose of the Bank Holding Company Act of 1956??
A. ?To prevent bank holding companies from branching across state lines
B. ?To allow bank holding companies to open branches across state lines
C. ?To allow interstate bank mergers
D. ?To prevent banks from owning commercial firms
Answer: A
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On January 1, 2017, Xit Company bought a new delivery truck for $30,000. Xit plans to use the truck for 4 years, after which it will be sold for $6,000. Depreciation expense for 2020, the fourth year of use, using double-declining-balance equals:
A. $0. B. $1,500. C. $6,000. D. $3,750.
In an ERP system, data is decentralized among an organization's divisions
Indicate whether the statement is true or false
Sue works in the finance department of a large multinational corporation. Her manager has asked her to submit a detailed report on the department's quarterly expenses within the next two days. Being pressed for time, Sue identifies three courses of action that could help her accomplish her task-she can stretch her working hours till she finishes the report, she can ask her colleague to chip in, or she could ask her manager for additional time. Which stage is Sue at in the decision-making process?
A. selecting an alternative B. identifying decision criteria C. developing alternatives D. evaluating decision effectiveness
A tenet of ________ is that all people should uphold certain values, such as honesty and other values that society needs to function.
A. relativism B. egoism C. utilitarianism D. universalism E. virtue