If you buy a franchise, you must pay a percentage of every unit you sell to the franchisor. That percentage is called ________

A) A royalty
B) A franchise fee
C) A commission
D) A charge
E) A payment

A

Business

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Which of the following statements is true regarding management development?

a) Rotating managers through different jobs in several countries as a part of management development programs leads to adaptation problems. b) Management development programs can be used to foster esprit de corps but is rarely used for developing technical competencies c) Management development programs attempt to increase skill levels by focusing mainly on providing management education. d) Management development programs help improve the overall productivity and quality of the firm's management resources.

Business

A CPA must sign the preparer's declaration on a federal income tax return

A. Only when the CPA prepares a tax return for compensation. B. Only when the CPA can declare that a tax is based on information of which the CPA has personal knowledge. C. Whenever the CPA prepares a tax return for others. D. Only when the return is for an individual or corporation.

Business