Secondary data cannot be obtained from
A. trade journals.
B. the government.
C. international sources.
D. surveys.
E. computerized literature retrieval databases.
Answer: D
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A $250,000 loan is to be amortized over 8 years, with annual end-of-year payments. Which of these statements is CORRECT?
A. The proportion of interest versus principal repayment would be the same for each of the 8 payments. B. The annual payments would be larger if the interest rate were lower. C. If the loan were amortized over 10 years rather than 8 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 8-year amortization plan. D. The proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower. E. The last payment would have a higher proportion of interest than the first payment.
Return on investment (ROI) is a measure of performance under which perspective of the balanced scorecard?
A) Internal business B) Customer C) Financial D) Learning and growth
Running Press launched the Miniature Editions line of books in 1993. Today it has sold over 20 million copies. Which of the following most closely represents their strategy?
A. overall cost leadership B. combination C. focus D. differentiation
Which of the following is an example of a type II error?
A) convicting an innocent defendant B) returning your "dead" stereo for warranty repair when its malfunction was caused by it not being plugged in C) halting production to adjust a machine when your process was actually in control D) eating food that has spoiled