An informed guess or assumption about a certain problem or set of circumstances is known as
A. a description of the situation.
B. good research design.
C. a hypothesis.
D. a reliable guess.
E. managerial intuition.
Answer: C
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The balance of the income summary account of a corporation is transferred to which of the following accounts?
a. Capital Stock; b. Cash; c. Premium on Sale of Capital Stock; d. Retained Earnings; e. Income Tax Payable.
The broad set of knowledge, beliefs, laws, morals, customs, and any other capabilities or habits acquired by humans as members of society is referred to as
A. consumer behavior. B. perception. C. norms. D. culture.
Generally, a felony is any crime punishable by one year or more in jail
Indicate whether the statement is true or false
A firm with a very low debt-equity ratio might be able to increase return on equity by taking on additional debt
Indicate whether the statement is true or false.