Before anything else, businesses must _____ to survive.
a. be popular
b. make a profit
c. sell internationally
d. have a great reputation
Answer: b. make a profit
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When managers add up all the money already spent on a project and conclude it is too costly to simply abandon it, it is known as a(n) ________ bias.
A. anchoring and adjustment B. confirmation C. availability D. representativeness E. sunk cost
In the case of a time draft, the holder can require payment of the paper before it matures
Indicate whether the statement is true or false
What form gives the information you need, including the minimum investment required, as well as an application and instructions on where to send your check or how to set up an automatic transfer of money into the investment account each month?
A) Annual CEO Letter B) Prospectus C) Operations Manual D) Investment Instruction Manual E) Stock Purchase Plan
Which one of the following accounts is included in stockholders' equity?
A) Long-term debt B) Deferred taxes C) Plant and equipment D) Accumulated retained earnings E) Dividends paid