After certain inputs have been selected to reach an individual's awareness, the next step in the perceptual process is perceptual
A. organization.
B. attention.
C. retention.
D. interpretation.
E. redefinition.
Answer: A
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You are planning to buy a stock, the risk on which is dependent on two factors: (1) the change in the inflation rate over the last year and (2) the spread between ten-year Treasury bonds and three-month Treasury bills. Suppose the average risk-free interest rate is 3 percent. The beta coefficients of the stock associated with the change in inflation rate and the spread between ten-year Treasury bonds and three-month Treasury bills are -2 and 4 respectively. If you expect the inflation rate to rise 6 percentage point and you think the spread will be 8 percentage points. What is the expected return to this stock? Use the arbitrage-pricing theory.
A. 11 percent B. 12 percent C. 18 percent D. 23 percent
An asset is being constructed for an enterprise's own use. The asset has been financed with a specific new borrowing. The interest cost incurred during the construction period as a result of expenditures for the asset is
a. a part of the historical cost of acquiring the asset to be written off over the estimated useful life of the asset. b. interest expense in the construction period. c. recorded as a deferred charge and amortized over the term of the borrowing. d. a part of the historical cost of acquiring the asset to be written off over the term of the borrowing used to finance the construction of the asset.
A transaction that includes both a goods and a services component will be covered by the UCC
so long as there is some aspect of the contract involving the sale of goods. Indicate whether the statement is true or false
In January 2008, Congress passed the __________ which amended the Family and Medical Leave Act (FLMA) to provide eligible employees working for covered employers new leave rights related to military service.
A. National Defense Authorization Act B. Consolidated Omnibus Budget Reconciliation Act C. Patient Protection and Affordable Care Act D. Health Care and Education Reconciliation Act