The performance measurement system should encourage each manager to act in a manner that
a. makes the manager's units profits as high as possible.
b. most positively supports the organization's mission and competitive strategies.
c. increases his/her performance reward in the form of profit sharing.
d. reduces the need for informational elements in support of the manager's planning function.
B
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According to fair lending laws, which of the following may loan applicants be asked to disclose for HMDA data collection purposes?
a. Their religion b. Their race c. If they will stop working once they have children d. If they plan to have more than one child
Bonds are ________
A) a series of perpetual short-term debt instruments B) a form of equity financing that pays interest C) long-term debt instruments used to raise large sums of money D) a hybrid form of financing used to raise large sums of money from a diverse group of lenders