Using a simulation model allows one to ignore the common assumptions required to use analytical models

Indicate whether the statement is true or false


TRUE

Business

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Individuals that have the least impact on corporate governance are considered to be stakeholders of an organization

Indicate whether the statement is true or false

Business

Which of the following statements is true?

a. Most financial statement frauds occur in large historically profitable companies. b. Most people who commit management fraud are first-time offenders. c. An active board of directors or audit committee does little to deter fraud. d. Perpetrating fraud is much easier in an organization with democratic leadership, where the decision making is spread among several individuals.

Business

Which of the following are the most visible, but often not decipherable, elements of organizational culture?

A. assumptions B. artifacts and creations C. espoused values D. enacted values

Business

The probability distribution for the number of goals the Lions soccer team makes per game is given below. ? ? Number of Goals Probability ? 0 0.05 ? 1 0.15 ? 2 0.35 ? 3 0.30 ? 4 0.15 ? What is the probability that in a given game the Lions will score less than 2 goals?

A. .20 B. .50 C. .15 D. .80

Business