Financial professionals who are overconfident fall victim to which fallacy?
A. fallacy of unrealistic optimism
B. fallacy of omnipotence
C. fallacy of invulnerability
D. none of these
C. fallacy of invulnerability
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You can expect to spend most of your time in an organization sending which type of messages?
A. dialogue B. technical dialogue C. monologue D. none of these
Which of the following costs are most likely to be classified as fixed?
A. Sales commissions B. Direct materials C. Shipping costs D. Property taxes E. Direct labor
Consider the data on Inventory of Widgets Over a 10-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 20 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the backorder costs amount to $14 for each widget that is on backorder, then what are the total backorder costs?
a. $0
b. $14
c. $126
d. $90
Which of the following is a term for the maximization of shareholder value?
a. Shareholder importance b. Shareholder primacy c. Value of shares maximization d. Corporate allocation