Performance measurement is important because
a. it allows firms to rate competitors.
b. without it, managers would not know how the global economy is doing.
c. companies presently operating in the European Economic Community need to understand how its competitors are doing.
d. lower-level metrics in an organization must connect directly to the high-level performance to achieve goals.
d
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For a gift of real property to be valid, the donor must deliver a properly executed deed to the property to the donee or to some third person to hold it for the donee.
Answer the following statement true (T) or false (F)
If the straight-line method of amortization of bond premium or discount is used, which of the following statements is true?
A) Annual interest expense will increase over the life of the bonds with the amortization of bond premium. B) Annual interest expense will remain the same over the life of the bonds with the amortization of bond discount. C) Annual interest expense will decrease over the life of the bonds with the amortization of bond discount. D) Annual interest expense will increase over the life of the bonds with the amortization of bond discount.
While agile project management does not consist of one set method, most methods are based on similar principles. Which of the following agile project management principles would be described when creating a flow of value to customers by chunking project delivery into small, functioning increments?
A. Focus on customer value B. Iterative and incremental delivery C. Experimentation and adaptation D. Self-organization E. Continuous improvement
Marty, a 16-year-old, contracted with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. He agreed to make monthly payments until the purchase price plus interest were paid in full. It is three years later and Marty has not disaffirmed the contract and has made regular payments on the cycle since turning 18. Which of the following is correct?
A. The contract is void and Marty has no obligation. B. The contract is now voidable by Cream-of-the-Crop Cycles. C. Marty has ratified the contract and is now bound by its terms. D. Marty has ratified the contract but can still get a return of the payments made while he was a minor.