Words have universal meaning among all cultures
Indicate whether the statement is true or false
False
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Answer the following statements true (T) or false (F)
1. When faced with a decision, Myles asks himself "Why not just take the easiest way out?" This approach, known as relaxed change, is a form of evidence-based decision making. 2. Danielle, the IT department chair at a community college, has been having problems with her students not coming to class, so their grades are suffering. If Danielle were to use defensive avoidance to respond to this situation, she would likely respond by procrastinating, passing the buck, or denying the risk of any negative consequences. 3. With an escalation of commitment bias, decision makers increase their commitment to a project despite negative information about it. 4. The larger and more diverse the group, the higher the quality of the decision.
The four principal types of fraud include all of the following except
a. bribery b. gratuities c. conflict of interest d. economic extortion
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the accounting rate of return for the investment.
A. 23.4%. B. 12.2%. C. 24.5%. D. 22.7%. E. 46.9%.
Scoopjoe, an ice cream brand in Wisconsin, has ten other outlets in Illinois, Michigan, and Ohio. As part of the agreement between Scoopjoe's main outlet and the other outlets, the former not only supplies raw materials to the latter but also provides help with site selection, training of staff, and finance. The given scenario exemplifies a:
A. sole proprietorship. B. distributorship. C. business format franchise. D. conglomerate merger.