Why do groups often exert more over their members than do managers?
What will be an ideal response?
Members exert power over one another, put organizational needs first, power hidden
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How is management both an art and a science?
What will be an ideal response?
Data mining is marketing that involves using powerful computers with advanced statistical and other software to analyze large databases to discover hidden patterns in the data
Indicate whether the statement is true or false
If the lessee and the lessor use different interest rates to account for a capital lease, then
a. the lease will never be accounted for as a capital lease by the lessee. b. total expenses (or revenues) will be equal for both lessee and lessor. c. total expenses (or revenues) will be different for the lessee and the lessor. d. GAAP has been violated since the lessor and the lessee are not allowed to use different interest rates in accounting for capital leases.
Which of the following statements is CORRECT?
A. The discounted payback method recognizes all cash flows over a project's life, and it also adjusts these cash flows to account for the time value of money. B. The regular payback method was, years ago, widely used, but virtually no companies even calculate the payback today. C. The regular payback is useful as an indicator of a project's liquidity because it gives managers an idea of how long it will take to recover the funds invested in a project. D. The regular payback does not consider cash flows beyond the payback year, but the discounted payback overcomes this defect. E. The regular payback method recognizes all cash flows over a project's life.