Casey’s compensation includes health and dental insurance. This part of her compensation is considered ________.

A. base pay
B. a wage and salary add-on
C. incentive pay
D. benefits
E. profit sharing


D. benefits

Business

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Which of the following is a characteristic of transformational leaders?

A. They are better in stable situations. B. They clarify employees' roles. C. They set goals and monitor progress toward their achievement. D. They encourage people to do exceptional things. E. They provide rewards in exchange for subordinates doing the work.

Business

The ability of the receiver to determine the main idea of the message is known as what?

A) Encoding B) Channel C) Medium D) Reading E) Decoding

Business

Which of the following should an auditor obtain from the predecessor auditor prior to accepting an audit engagement?

A. Analysis of balance sheet accounts. B. All matters of continuing accounting significance. C. Analysis of income statement accounts. D. Facts that might bear on management integrity.

Business

Mega Skateboard Supplier had net sales of $2.1 million, its cost of goods sold was $1.1 million, and its net income was $0.7 million. Its gross margin ratio equals:

A. 48%. B. 191%. C. 33%. D. 52%. E. 64%.

Business