Deductions from retail value in the retail method of accounting include sales, markdowns, and employee discounts

Which of the following statements about annual percentage rate (APR) is FALSE?

a. The purpose of the APR is to communicate to the borrower in simple terms the true annual cost of the loan b. The APR cannot change from the initial TIL disclosure more than 1/4% c. The APR represents the effective annual interest rate on the money borrowed after considering the various costs to obtain the loan d. A change in the APR does not affect the monthly payment if the stated interest rate does not change

To change the culture at his resort spa, Yuri concludes that the organization should "slow down to speed up." Which of the following actions might support this statement?

A) making employees take longer breaks B) emphasizing "push" strategies for change C) decreasing the frequency of employee development programs D) conducting detailed assessments such as a dynamic inquiry