Many entrepreneurs lack _____ for their new venture.
a. innovation
b. intelligence
c. objectivity
d. foresight
ANSWER: c
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The textbook refers to four interrelated components of the database concept. Which of the following is not one of the components?
a. the database management system b. the database administrator c. the physical database d. the conceptual database
In a statement of cash flows, proceeds from the sale of a company's own bonds or mortgages should be classified as cash inflows from
a. leveraging activities. b. operating activities. c. investing activities. d. financing activities.
If the Japanese yen is strengthening against the U.S. dollar, and the Japanese government wanted to boost exports, the Central Bank of Japan (CBJ) might well
A. buy massive amounts of other hard currencies such as the British pounds sterling and the euro, to deflect the focus on dollars. B. buy massive amounts of Japanese yen in the FX markets. C. sell massive amounts of Japanese yen in the FX markets. D. sell U.S. dollars in large amounts in the currency markets.
Which of the following statements is true?
a. In a manufacturing company, the production budget is prepared first. b. A sales budget is normally prepared for a year then divided into quarters or months. c. Internal information needed for sales forecasting would include life cycles of products while external information would include changes in the client base. d. None of the above choices is true.