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NEW QUESTION: 1
H is a departmental manager in a private college. The main measure of performance used to assess the Department Manager's effectiveness is meeting the college budgets. The budget for each year is based on the actual expenditure of the previous year adjusted for specific one-off items.
Which of the following would arise from using the meeting of this type of budget as a performance measurement?
A. Management refusing to provide some necessary service to students (for example, extra tutorials) because it would cause their budget not to be met.
B. Cost overruns because managers might fail to meet their budgets.
C. Management of various departments not cooperating sufficiently with each other because each is very concerned that to do so would incur extra costs against their budgets.
D. Managers engaging in unnecessary spending in order to avoid having their budgets reduced the following year.
E. Managers taking on new projects that have too much risk attached to them.
F. Management taking more than the optimal number of students into their department.
NEW QUESTION: 2
Regulation A permits a short form of filing for offerings of new securities provided the total amount of the offering does not exceed:
Explanation: $5,000,000. This is the maximum under Regulation A.