Reyna Is a Runner for a Large Law Firm

question 110

Multiple Choice

Reyna is a runner for a large law firm.Her duties include purchasing supplies for the copy room.Reyna was given permission by the office manager to sign credit-card receipts when making purchases.Reyna has been given ____ to use the firm's credit card.

• A) responsibility
• B) obligation
• C) authority
• D) staff centrality
• E) accountability

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Definitions:

Nonparticipating

Refers to an insurance policy, financial instrument, or other contracts that do not entitle the holder to share in the profits or surplus of the issuer.

Cash Dividends

Payments made by a corporation to its shareholders out of its profits or reserves in the form of cash.

Earnings per Share

A financial ratio calculated by dividing a company's net income by its number of outstanding shares of common stock.