The effective cost of credit depends upon 1. the amount of time the borrower has the use of the funds 2. the stated rate of interest 3. the proceeds the borrower may use?
A. 1 and 2?
B. ?1 and 3
C. ?2 and 3
D. ?1, 2, and 3
Answer: D
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According to Michael Scriven (1999), conducting an outcome-based summative evaluation of a program without knowing how and why the program works is called a ______.
a. black box evaluation b. gray box evaluation c. clear box evaluation
The following was abstracted from the accounts of the Anderson Corp at year-end: Total income since incorporation ...................... $420,000 Total cash dividends paid ............................. 130,000 Proceeds from sale of donated stock ................... 45,000 Total value of stock dividends distributed ............ 30,000 Excess of proceeds over cost of treasury stock sold ... 70,000
What should be the current balance of Retained Earnings? a. $260,000 b. $290,000 c. $305,000 d. $335,000 e. None of these answers is correct.
The ________ approach to management has been used in a limited manner because many aspects of a management decision cannot be expressed through mathematical symbols and formulas.
A. systematic management B. human relations C. organizational behavior D. administrative management E. quantitative management
Which of the following is true with regard to Lean and Six Sigma?
a. Lean approaches focus on reducing cost through optimization of the manufacturing process. b. Six Sigma focuses on the production of those products and services considered to be truly essential to human existence. c. Lean is relevant to manufacturing, while Six Sigma is relevant to the service industry. d. Six Sigma refers to the number of deviant personnel involved in the production process.