Group decision-making outcomes are typically improved by merging the identifying solutions and problem identification processes into one activity.

Answer the following statement true (T) or false (F)


False

It is critical that these two processes be kept separate, particularly in a group decision-making context.

Business

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The term intellectual property refers to intangible property that is the result of creativity; examples are discoveries, inventions, and designs

Indicate whether the statement is true or false

Business

Emery is a corporate officer of Frakking Mining Corporation. Emery serves in a representative capacity for Frakking's owners. With respect to binding Frakking Mining to contracts, Emery is A) an agent and has the authority

B) an employee and does not have the authority. C) an independent contractor and does not have the authority. D) not an agent, an employee, or an independent contractor but does have the authority.

Business

An absolute defense against payment exists if the insurer can show that the insured lacked an insurable interest

Indicate whether the statement is true or false

Business

Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 2,000 tenant-days, but its actual level of activity was 2,040 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:Data used in budgeting: Fixed element per month Variable element per tenant-dayRevenue   $35.40Wages and salaries$3,000 $6.60Food and supplies 400  12.20Facility expenses 9,600  2.30Administrative expenses 7,800  0.20Total expenses$20,800 $21.30?Actual results for March:  Revenue$69,576 Wages and salaries$16,204 Food and supplies$25,008 Facility expenses$14,122 Administrative expenses$8,238 ?The

spending variance for facility expenses in March would be closest to: A. $170 F B. $170 U C. $78 U D. $78 F

Business