If a person accepts the benefits of an unauthorized transaction, or fails to repudiate it, then he is bound by the act as if he had originally authorized it
a. True
b. False
Indicate whether the statement is true or false
True
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Which statement is true of using stock options as incentive pay?
A. Low-level employees with stock options are more likely to think like owners than executives who have stock options. B. Stock options require an option holder to purchase the organization's stocks at its present market rate. C. Stock options are rewarding for employees who exercise their option when the company's stock value has risen. D. The use of stock options ensures that managers add value in terms of efficiency and customer satisfaction. E. A company's performance in the stock market tends to be significantly better if its low-level employees are provided stock options.
Which of the following is NOT a broad expression of value?
a. Value is low price. b. Value is whatever I want in a product. c. Value is the quality I get for the price I pay. d. Value is an expectation about a service outcome. e. Value is what I get for what I give.
Although all goals (financial and non-financial) are important, only financial goals form the basis for financial planning
Indicate whether the statement is true or false.
Only the general partners have access to the books and records of the partnership
a. True b. False Indicate whether the statement is true or false