If a firm has set up a revolving credit agreement with a bank, the risk to the firm of being unable to obtain funds when needed is lower than if it had an informal line of credit.

Answer the following statement true (T) or false (F)


True

Business

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In an entity-relationship (E-R) diagram for the B/AR/CR process, you would expect that the word trigger would appear between the boxes for?

a. CUSTOMER and SHIPMENT b. CUSTOMER and SALES INVOICE c. STOCK PICK and SHIPMENTS d. SALES INVOICE and SHIPMENT

Business

Sally is very nervous about presenting her speech in class. While waiting to present, she thinks to herself “Stop!” and then repeats “calm” in her head. Sally is using

a. thought-control. b. self-control. c. self-talk. d. thought-stopping.

Business

A company borrows $40,000 and issues a 3-year, 10% installment note with interest payable annually. The factor for the present value of an annuity at 10% for 3 years is 2.4869. The factor for the present value of a single sum at 10% for 3 years is 0.7513. The amount of the annual interest payment is $16,084.28.

Answer the following statement true (T) or false (F)

Business

What are the two common attribution errors?

A. fundamental attribution error and self-serving bias B. rudimentary element error and self-serving bias C. rudimentary element error and self-absorbed slant D. self-absorbed slant and fundamental attribution error

Business