When comparing investments with similar lives and risks, a company will prefer the investment with the higher rate of return.
Answer the following statement true (T) or false (F)
True
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When management seeks to achieve personal departmental objectives that may work to the detriment of the entire company, the manager is experiencing:
A) budgetary slack B) padding C) goal conflict D) cushions
Stan is nearing graduation with a degree in engineering, specializing in ergonomics. He is interested in researching health and safety issues as a career. While he could stay in academia, he may want to explore job possibilities at NIOSH.
Answer the following statement true (T) or false (F)
A business borrows cash by signing a note payable. Which of the following accounts is credited?
A) Notes Payable B) Accounts Payable C) Notes Receivable D) Cash
Primark, an Irish clothing retailer, uses an overall cost leadership strategy. This could fail if it
A. cannot maintain parity on differentiation dimensions requested by customers. B. increases its sales prices while maintaining competitor parity. C. exceeds customer expectations. D. maintains parity with competitors on low cost.