If financial leverage is used, a rise in EBIT will cause a lessor rise in net income
Indicate whether the statement is true or false
F
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A sales representative failed to call on a prominent customer because the representative was ill on the day the call was scheduled. This situation calls for a—
a. justification report. b. production report. c. progress report. d. proposal.
The time an activity will take assuming very unfavorable conditions is:
A) the optimistic time. B) the pessimistic time. C) the activity variance. D) the minimum time. E) exactly twice as long as the expected time.
Customers substituting the firm's product for a competitor's product is
A) market growth. B) stealing share. C) forward selling. D) forward buying.
Dennis Kozlowski, the former CEO of Tyco, who was famous for this lavish party and decorating expenses, said that he asked that all of his pay packages, loans, and expenditures be authorized by the board and company policy. A) The authorizations make all the expenses and loans ethical
B) Mr. Kozlowski could have taken unfair advantage of the board and his position. C) Being able to do something procedurally correct does not mean it is ethical. D) Both b and c