If a project's profitability index is less than 1, the project's
a. discount rate is above its cost of capital.
b. internal rate of return is less than zero.
c. payback period is infinite.
d. net present value is negative.
D
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Trina is outgoing, warm, and truly inspirational when she talks about where she wants to lead her division. Her employees seem eager to do anything she asks. Because of her personality and not her position, Trina has ______ power.
A. legitimate B. coercive C. reward D. referent E. expert
According to the Organisation for Economic Cooperation and Development, connections with people who come from different backgrounds and cultures would be called which of the following?
a. familial b. bonds c. bridges d. linkages
A favorable flexible budget variance in sales revenue suggests a(n) ________
A) increase in sales price B) increase in volume C) decrease in variable cost per unit D) decrease in fixed costs
Erte applies for, and obtains, casualty insurance coverage from Friendly Insurance Company for his business, Golf Club, Inc. The effective date of the policy is the date
A. Erte submits the application. B. Friendly Insurance accepts the first premium. C. Friendly Insurance issues the policy. D. the application specifies as the effective date.