Increased demand for new homes due to low interest rates is an example of the impact of the ________ environment.

A. economic
B. social
C. cultural
D. technological
E. competitive


Answer: A

Business

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When trying to identify who leaders are, I am using the ______ approach.

A. skills B. trait C. behavioral D. social judgment

Business

Use the T-account format and evaluate the transactions affecting Property, Plant, and Equipment, net.

New Mexico, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:



Additional information provided by the company includes the following:
Equipment costing $104,000 was purchased for cash.
Equipment with a net book value of $20,000 was sold for $28,000.
Depreciation Expense of $24,000 was recorded during the year.


Business

Emotional intelligence is a more important measure of leadership effectiveness than technical skill, analytical ability, and intelligence

Indicate whether the statement is true or false

Business

Most states imply a warranty—the implied warranty of habitability—in the sale of new homes

Indicate whether the statement is true or false

Business