A company has set a target rate of return of 16% for its investment center. An investment center manager in this company would
a. acquire assets that would increase divisional income by more than 16%.
b. sell all assets that do not generate divisional income of more than 16%.
c. acquire assets that would increase sales by more than 16%.
d. acquire any technologically advanced assets that would cause costs to be reduced by 16% or more.
A
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Organizations anticipate, forecast, and assess future events using a variety of rational, scientific methods including:
A. Trend projection B. Trend monitoring C. Trend analysis D. All of these
Non-profit businesses can benefit from the establishment of a formal customer retention
program because: a. non-profit businesses may not have the added motivation from providing monetary awards. b. customers are continuously re-evaluating how they spend their time and money. c. both of the above. d. neither of the above.
Answer the following statements true (T) or false (F)
1. The concept of three-party accountability means that the auditor is expected to act in the interests of the party paying the audit fee. 2. The role of the auditor is to satisfy users' demand for reliable information. 3. The three underlying conditions affecting users' demand for accounting information are complexity, reliability, and completeness. 4. The assurance function involves the lending of credibility to financial information.
With respect to relational databases, briefly define the terms row and attribute value