Why is OD considered to address long-term change?
What will be an ideal response?
Change is intended to be long-term and/or permanent. Systemic changes are development that are likely long lasting.
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Which of the following items need not be reported separately at the bottom of the income statement?
a. Profitability ratios b. Discontinued operations c. Extraordinary gains and losses d. Cumulative effect of a change in accounting principle
Asch’s (1955) study showed:
a. Even when group pressure is not direct, people may make bad judgments. b. People are obedient to authority figures. c. Power is more influential than rewards. d. Conformity is not affected by group size.
The ________ recognizes electronic contracts as meeting the writing requirement of the Statute of Frauds for most contracts.
A. Uniform Contracts Code B. Uniform Computer Information Transactions Act C. E-SIGN Act D. Communications Decency Act
Using simulation provides the financial manager with a probability distribution of an investment's
net present value or internal rate of return. Indicate whether the statement is true or false