An agency arrangement based on the conduct of the two parties is what type of agency?

A) Inherent B) Implied C) Express D) Apparent

B

Business

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Which one of the following can be defined as a benefit-cost ratio?

A. Net present value B. Internal rate of return C. Profitability index D. Accounting rate of return E. Modified internal rate of return

Business

Dexxon Inc is a petrochemical company. The manager of the company was being questioned by the Environmental Protection Agency (EPA) with regard to the factory releasing criteria pollutants into the atmosphere

He admitted to the EPA that the company had falsified its financial records and tampered with the monitoring equipment. He also stated that the company would take suitable measures to correct it. Based on this scenario, the EPA's Final Policy on Penalty Reductions encouraged Dexxon Inc to engage in ________. A) environmental policy making B) restricting pollution C) reducing emission charges D) environmental self-auditing

Business