Elle is conducting a disciplinary investigation of an employee. Which of the following is NOT one of the questions she might ask when determining if the employee was aware that the action was wrong?
A. What rule or provision was violated?
B. How would the employee know of the existence of the rule?
C. Was the employee warned of the consequence?
D. Has anyone talked to the employee to hear his or her side of the situation?
Answer: D
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Omega Inc. holds a 12-year bond that has a 12 percent coupon rate and a marginal tax rate of 40 percent. It is currently selling for $1,000, which is the bond's face value. If interest is paid semiannually, the bond's yield to maturity is:
A. equal to 12 percent. B. greater than 12 percent. C. less than 12 percent. D. equal to 7.2 percent. E. greater than 16.8 percent.
When managers of subunits throughout an organization strive to achieve the goals set by top management, the result is:
A. strategic control. B. goal congruence. C. planning and control. D. responsibility accounting. E. delegation of decision making.
The World Trade Organization was created by the
A. Kennedy Round. B. United Nations. C. League of Nations. D. Tokyo Round. E. Uruguay Round.
Nessca Motors, a well-known company based in Nebolina, manufactures engines. Its management recently signed a joint venture with Singletone Inc., a small company based in Trinitia. Of the following scenarios, which would be the most likely to happen?
A. The government of Trinitia will restrict Nessca Motors's entry into the country. B. Nessca Motors and Singletone Inc. will switch to contract manufacturing as the next step. C. Nessca Motors will buy a part of Singletone Inc. D. Singletone Inc. will pay a royalty to Nessca Motors.