Individuals make sense of environmental stimuli through ________.
A. observation, selection and translation
B. selection, translation, observation and response
C. stimulus, translation and response
D. stimulus, observation, selection, translation and response
Answer: A
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Many investment advisors attribute their successful outcomes to skill, even when it is more likely luck, which is an example of which bias?
A. Overconfidence. B. Escalation of commitment bias. C. Hindsight. D. Availability. E. Framing.
Which of the following best describes a stale check?
A. A check that is more than six months old for which a bank does not owe its customer a duty to pay out of the account B. A check that has been written by the drawer for a date in the future, which a bank can honor even before the date on the check C. An incomplete check that is presented to the drawee bank for payment D. A check that has been written by the maker dated at some point in the past, which can be paid and charged to the customer's account even at the present date
Termination-at-will:
A. was designed to protect the rights of the employers. B. refers to a firm's inability to terminate an employee without just cause. C. was designed to protect the rights of the employees. D. is a modern judicial term that came from court decisions in the 1980s. E. supports the strategy of downsizing.
Product unit cost is made up of direct materials and indirect materials only
Indicate whether the statement is true or false