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- which of the following is appropriate for a licensee to make when talking to a seller concerning fees? A) The commission rate is independently established based on the cost and is negotiable. B) The real estate board has a rule requiring a set commission rate C) I must charge you a set rate because all brockers charge that rate in this area. D) The standard fee for a resale is 6%1. A ________ is a small percentage or fixed amount of a health care fee that many employees are required to pay. A. Co-op payment B. Co-percentage C. Co-payment D. None of these 2. A "right-to-revise" policy: A. Is a legal requirement B. Means an employee can quit at any time C. Means a company can terminate an employee at any time D. Preserves a company's right to update its policies 3. When asked to sign a performance evaluation: A. Sign the document, even if you don't agree with its contents B. Sign the document, even if you don't agree with its contents, but include an emotional written response C. Sign the document, even if you don't agree with its contents, but include factual evidence supporting your concerns D. Do not sign the document if you disagree with its contentsStatement 1: A warranty is a written guarantee issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary, within a specified period of time. Statement 2: Estimated warranty liabilities can be accounted for under accrual and expense as incurred approach. Both statements are correct. Only the second statement is correct. Neither of the statement is correct. Only the first statement is correct.
- 10. You were in a dilemma when you received a claim and request for adjustment from Ahlam who is one of your main customers. Ahlam was clearly at fault, but you know that if you refuse her claim, you will not only lose her but also her friends and followers on social media who will hear only one side of the story. As a result, you decide to grant Ahlam her claim and to grant her the adjustment she requested. For your reply to be effective, it must: * A.Point fingers to a third party who was responsible for this unpleasant situation. B.Imply that you will grant all of Ahlam’s claims to keep her satisfied always. C.Make an exaggerated apology so Ahlam can excuse you. D.Educate Ahlam about steps needed to avoid similar outcomes in the future. E.Make an exaggerated apology so Ahlam doesn’t give a negative review on social media.Select the most appropriate statement. Company officers will only be excused from a breach of their fiduciary duty to avoid conflicts of interest:Select one:a. If they make no profit from the breachb. All of the answers are falsec. As long as the company suffers no lossd. As long as the company makes a profit in the long runYou are a member of the legal department of a relatively new software firm, which is about to release its first product after two years of development. The software was developed for use by owners of rental property and is capable of doing all the necessary accounting, including the calculation of state and federal income taxes, associated with the property rental business. The software has an impressive array of features—many more, in fact, than its competitors—and is priced very competitively. You have been struggling to define the terms of the warranty that will accompany the software product. You want to keep the warranty simple to limit the firm's potential liability in the event it does not meet the expectations of customers. The head of software development, on the other hand, wants to create a warranty that will stand out as far superior to the competition in that it spells out the specifics of what the software will and will not do. What are the pros and cons of each approach?
- Sometimes an issur with a property is discovered during the pre-closing stage. Buyers may be willing to accept deficiencies if they an compensate through a price reduction. Which of the following is correct regarding adjusting a purchase price to offset a deflciency.Select one: O. The value of the price adjustment may become a matter of negotiations between the parties. O. A new agreement of purchase and sale must be drafted and signed to finalize the price adjustment. O. A formal appraisal is always required to determine the adjusted purchase price. O. Buyers are contractually obligated to negotiate an adjusted purchase price.Which of the following are not the safeguards to offset the threats To Fundamental Principles? a) Educational, training and experience requirements for entry into the profession b) Continuing professional development requirements c) Corporate non - governance regulations d) Professional standards e) Professional or regulatory monitoring and disciplinary procedures f) Internal review by a legally empowered third party of the reports, returns, communications or information produced by a member. Only a) and b) Only c) and f) Only c) Only b) and c)Which of the following is NOT an input of the Contract Administrationprocess?A. Procurement management planB. Work Performance InformationC. Contract Management PlanD. Selected Sellers You are having lunch with one of your colleagues. He tells you in confidencethat he lied about having a PMP certification, and never actually passed theexam. What is the BEST way to handle this situation?A. Report the person to his managerB. Report the person to PMIC. Ask him to tell the truth to his managerD. Do nothing because you were told this in confidence Your team has recommended a change to the scope verification process.What’s the first thing you should do?A. Analyze the change versus the Project Management plan to see what its impact willbe.B. Implement the changeC. Write up a change requestD. Tell your team that the process has already been decided and they should follow it.
- 1.1 Create Modelling methods, Experiments and examples for IT in Family Owned Businesses: The study will be conducted using qualitative in accordance with the ethical principles of research, including informed consent, confidentiality, and voluntary participation. Participants will be informed about the study's purpose and procedures, and they will be given the opportunity to decline or withdraw from the study at any time. Confidentiality will be ensured by using anonymous questionnaires and protecting the identities of the participants in the report.The following data was gathered during one of the recent audits of Cash Disbursement Section. One of the findings was on the outdated Delegation of Authority to policy. In preparing a report of the findings, identify the elements of an audit findings for each data (in order). 1. The delegation authority is updated biannually and not when changes in personnel or responsibilities of authorized individuals occur. 2. The delegation of authority policy list three individuals who are no longer with the company. Additionally, four individuals were identified who are new in their positions that should have disbursement authority, but are not listed in the policy. 3. Disbursements may be made that are not in accordance with management's or BOD's direction. 4. Authority over the disbursement of funds should only be delegated to individuals whose responsibility justify such authority. O Cause, Effect, Condition, Criteria O Condition, Effect, Cause, Criteria O Cause, Condition, Effect,…Suppose you are a director of a scholarship program “Federal Student Aid” that provides funded scholarships to intelligent yet needy students. Recently, you received an application from Hamza Iftikhar, a student who is desirous of getting financial assistance. Unfortunately, he could not qualify for the scholarship. Write a rejection letter stating reasons and suggesting alternatives to maintain goodwill.