In some states an exculpatory clause protects the accountant from a malpractice suit brought by a third party but not from a suit brought by a client
Indicate whether the statement is true or false
False
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______ refers to understanding and relating to another’s feelings.
a. Emotional intelligence b. Emotional quotient c. Empathic listening d. Empathic communication
Whitmer Inc. sells to customers all over the U.S., and all receipts come in to its headquarters in New York City. The firm's average accounts receivable balance is $2.5 million, and they are financed by a bank loan at an 6.75% annual interest rate. The firm is considering setting up a regional lockbox system to speed up collections, and it believes this would reduce receivables by 20%. If the annual cost of the system is $15,000, what pre-tax net annual savings would be realized?
A. $22,313 B. $16,313 C. $18,750 D. $21,375 E. $20,438
The primary reason life insurance policies have a savings element is to allow the:
A) insured to have money for old age or for other purposes B) insurer to reduce the cost of insurance by investing money at high interest rates C) insured to accumulate funds to aid in the long-term financing of private business enterprises D) insured to obtain lifetime protection at a level premium
What did the jurors in the Citigroup case conclude?
A) That the Citigroup managers had violated the law B) That the Citigroup managers acted with criminal intent C) Both a and b D) That the Citigroup managers' conduct was appalling, but did not violate the law