If investors overweight recent performance in forecasting the future, they are exhibiting _______.

A. representativeness bias
B. framing error
C. memory bias
D. overconfidence


A. representativeness bias

Business

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Discount retailers such as Walmart do not sell private-label brands

Indicate whether the statement is true or false

Business

Laura accepted a temporary expatriate assignment. Since she will be keeping her apartment in her home country and getting a temporary apartment in her host country, she asked to be paid partly in her home-country currency and partly in her host-country currency. Laura is requesting the ______ approach to expatriate compensation.

A. balance sheet B. split-pay C. lump-sum D. localization

Business

Which of the following statements is false?

A. The typical B/AR/CR system assists in preparing internal and external reports. B. Cash receipts can be accelerated by using some form of EFT. C. The two types of adjustments that commonly result from a periodic review of the aging details of customer account balances are a recurring entry for estimated bad debts and a bad debt write-off. D. Cash receipts events data are comprised of one or more invoice records.

Business

Law governing relations among governments and international organizations is referred to as _______, while law that applies to private parties in international commercial and legal transactions is referred to as _______

a. private international law; public international law b. public international law; private international law c. sovereign international law; statutory international law d. statutory international law; sovereign international law

Business