Intrinsic motivation is likely to be higher for subordinates for all of the following reasons EXCEPT ________.

A) the work requires varied skills
B) the work is interesting
C) the work is easily accomplished
D) the work provides automatic feedback about performance

A ________ is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds.

A) commingled pool
B) unit trust
C) hedge fund
D) money market fund

Advantages of ETFs over mutual funds include all but which one of the following?

A) ETFs trade continuously, so investors can trade throughout the day.
B) ETFs can be sold short or purchased on margin, unlike fund shares.
C) ETF providers do not have to sell holdings to fund redemptions.
D) ETF values can diverge from NAV.

All courts use the same test for legal insanity.

A multi-step income statement:

A) shows debits.
B) shows credits.
C) shows debt owed.
D) shows subtotal amounts.

To record estimated uncollectible accounts using the allowance method, the adjusting entry would be a debit to

A) Accounts Receivable and a credit to Allowance for Doubtful Accounts.
B) Bad Debts Expense and a credit to Allowance for Doubtful Accounts.
C) Allowance for Doubtful Accounts and a credit to Accounts Receivable.
D) Bad Debts Expense and a credit to Accounts Receivable.