Advantages of leasing a vehicle include all of the following except

A) no substantial down payment.
B) don't have to worry about resale of the car when you are finished with it.
C) less hassle than purchasing a vehicle.
D) no maintenance costs.


Answer: D

Business

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A market can be defined as a group of people willing and able to buy a particular product or service

Indicate whether the statement is true or false

Business

Which of the following statements is not true?

a. Routine payroll processing begins with the submission of time cards. b. Payroll clerks must verify the hours reported on the time cards. c. Payroll reconciles personnel action forms with time cards and prepares paychecks. d. Cash disbursements signs paychecks and forwards them to the paymaster for distribution.

Business

Quinn’s view of strategy is known as:

a. Positive incrementalism b. Logical incrementalism c. Positive logicalism d. Logical positivism

Business

The EMV of a decision with three states of nature is $33,000

If the profit/value under the states of nature A, B, and C is $10,000, $20,000, and $50,000, respectively, and states B and C have equal probabilities, determine the likelihood of state of nature A.

Business