Which definition best describes parsimony?
a. explaining the most with the least
b. explaining the least with the most
c. being able to explain all of the change in the response variable
d. being able to predict the value of the response variable far into the future
a
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A double-entry accounting system is an accounting system:
A. In which each transaction affects and is recorded in two or more accounts but that could include two debits and no credits. B. That allows total credits to be greater than total debits. C. That allows total debits to be greater than total credits. D. That records the effect of each transaction in at least two accounts with equal debits and credits. E. That records each transaction twice.
What usually follows a failure of ethical intuition?
a. a reliance on deeply-ingrained moral beliefs b. an altered decision based on reflexive intuition c. a reflective rational ethical decision-making process d. an action based on self-preservation
Within business, an organization's context sometimes makes it difficult for even the well-intentioned person to act ethically.
Answer the following statement true (T) or false (F)
When properly created, a strategic business unit (SBU):
a. has a specific target market. b. plans collaboratively with other SBUs of the company. c. has a maximum of hundred employees. d. shares the mission of its parent company.