Ratios provide little information unless the analyst places them in a context. After calculating the ratios, the analyst must compare them with some standard. Which of the following is not a possible standard?
a. The planned ratio for the period.
b. The corresponding ratio during the preceding period for the same firm.
c. The corresponding ratio for a similar firm in the same industry.
d. The average ratio for other firms in the same industry.
e. The corresponding ratio during the succeeding period for the same firm.
E
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How would you classify a leader who has certain rights and privileges that allow him or her to reward or discipline employees?
A. formal B. official C. informal D. authorized
Which of the following is not appropriate when preparing a reply?
A) Use the indirect organizational plan. B) Put the "good news" in your first paragraph. C) Respond to the request promptly. D) Include answers to both implied and stated questions. E) Answer questions even if readers do not want that response.
Can the holder of a life estate mortgage his life estate?
A) Yes, so long as the mortgage term is limited to the length of the life estate B) No, because a life estate is not real property C) Yes, with the only restrictions being those applicable to a mortgage of a fee simple interest D) Yes, but only if the holder of the remainder interest or reversion also simultaneously mortgages that interest E) No, because of the uncertainty over how long the interest will last
Duplication of efforts may arise if communication fails between projects is a disadvantage of the matrix structure
Indicate whether the statement is true or false