Interpreting information so that it is consistent with one's attitudes and beliefs is referred to as
A. stimulus discrimination.
B. selective retention.
C. selective exposure.
D. selective analysis.
E. selective comprehension.
Answer: E
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Which of the following statements is true of the Uniform Commercial Code (UCC)?
A. It always imposes the same standards on merchants and nonmerchants. B. It regards everyone covered by the UCC as a merchant. C. It has no writing requirement unless the contract contains a provision requiring that modifications for terminations be in writing. D. It expressly recognizes the concept of an unconscionable contract.
Carrying value is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will this component change as the bond approaches maturity?
a. decrease b. increase c. remain constant d. not enough information given to decide
Which of the following is a characteristic of superior ethics training?
a. flattening of the power relationship between management and nonmanagement b. accountability for both management and nonmanagement employees c. referral of misunderstandings to neutral third parties d. reduced management credibility
Accounting is governed by the balance sheet equation, which shows the equality of
a. assets with liabilities plus shareholders' equity. b. assets plus liabilities with shareholders' equity. c. assets plus shareholders' equity with liabilities. d. assets with liabilities minus shareholders' equity. e. assets with shareholders' equity minus liabilities.