What is an optimizing system that can find and evaluate solutions with many more possibilities, faster and more thoroughly than a human?

A. Virtual reality
B. Genetic algorithm
C. Intelligent agent
D. Expert system


Answer: B

Business

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An election to determine whether a union will be certified as the bargaining agent of a given group of employees is known as a ________.

What will be an ideal response?

Business

Which one of the following measurement bases applies to investments that are classified as held-to-maturity?

a. Current value b. Book value c. Effective rate of interest method d. Lower-of-cost or market

Business

When a business sells its stocks or bonds to investors without going through any type of intermediary or financial institution, this process is known as a(n) _____.

A. investment transfer B. best-effort arrangement C. underwriting D. direct transfer E. positive intermediation

Business

When evaluating capital budgeting projects, how do most firms incorporate risk in their decision-making analyses?

A. Most firms do not consider risk when making capital budgeting decisions; that is, they ignore it. B. Most firms increase the required rate of return used in their capital budgeting analyses when evaluating projects with higher-than-average risks. C. Most firms decrease the required rate of return used in their capital budgeting analyses when evaluating projects with higher-than-average risks. D. Most firms use the same required rate of return to evaluate all capital budgeting projects, because the risk associated with an individual capital budgeting project is not important when determining the overall riskiness of the firm. E. Most firms decrease the required rate of return used in their capital budgeting analyses by 6 percent when evaluating projects with lower-than-average risks.

Business