The best strategy for selecting mutual funds in the 401(k) plan is to

A)

pick an index fund.
B)

pick an aggressive growth fund, using last year's performance as a guide.
C)

select a number of funds to achieve broad diversification.
D)

pick a money market fund to avoid risk.


C

Business

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Factoring receivables to a commercial lender is usually less expensive than pledging receivables.

Answer the following statement true (T) or false (F)

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On Monday, Brittany decided that she wanted to place an advertisement announcing a sale at her jewelry store this upcoming weekend. A local newspaper would be a logical place for Brittany to place her advertisement

Indicate whether the statement is true or false

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An audit trail:

A) requires employees to take an annual vacation. B) limits the number of employees who have access to company assets. C) consists of business documents and records that provide evidence of transactions. D) requires the use of security cameras and alarm systems.

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The ________ approach is a leadership perspective that attempts to identify what effective leaders do and places less importance on personality characteristics.

A) behavioral B) trait C) transformational D) strategic E) authentic

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