Figure 4-5According to Figure 4-5 above, A defines what level in the Maslow hierarchy of needs?

A. social
B. physiological
C. safety
D. self-actualization
E. personal


Answer: D

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Which of the following is NOT an assumption of cost-volume-profit (CVP) analysis?

A) The only factor that affects total costs is a change in volume, which increases or decreases total variable and mixed costs. B) The price per unit does not change as volume changes. C) Total fixed costs do not change. D) The price per unit changes as volume changes.

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The UCC requires consideration for agreements modifying contracts for the sale of goods

a. True b. False Indicate whether the statement is true or false

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Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments?

Year Investment X Investment Y 1 $5,000 $11,000 2 $7,000 $9,000 3 $9,000 $7,000 4 $11,000 $5,000 A) Investment X has a higher present value. B) Investment Y has a higher present value. C) Investment X and Investment Y have the same present value, since the total of the cash flows is the same for both. D) No comparison can be made—we need to know the interest rate to calculate the present value

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An advantage of a virtual office is that it

A) helps reduce the chance for uncomfortable face-to-face interactions by allowing employees to remain compartmentalized in their own spaces. B) gives employees access to whatever information they need from the company, whenever and wherever they need it. C) makes it easier for companies to keep track of employees throughout the workday. D) allows employees to e-mail one another at all hours of the day or night, thus increasing productivity. E) reduces the need for direct supervision at the office, especially when employees are inexperienced and need guidance.

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