Riley is a manager at Tinker Tools. She is expected to make rational decisions that are economically feasible and in the organization's best economic interests. Her decisions should be based on which of the following decision-making models?
A. Administrative
B. Political
C. Scientific management
D. Classical
E. Humanistic
Answer: D
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All of the following statements are true except:
a. The threshold for recording items as liabilities is a lower under IFRS than under U.S. GAAP. b. The threshold for recording items as liabilities is a lower under U.S. GAAP than under IFRS. c. IFRS requires a liability to be recorded as a present value amount. d. Under U.S. GAAP, a contingent item should be recorded as a liability if the loss or outflow is probable and can be reasonably estimated.
You have been hired as a consultant by Feludi Inc.'s CFO, who wants you to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 1.30. Based on the CAPM approach, what is the cost of common from reinvested earnings?
A. 9.67% B. 9.97% C. 10.28% D. 10.60% E. 10.93%
Which of the following statements is true with regard to the traditional approach to product development?
a. The actual number of steps in the process depends on the type of the product. b. The actual number of steps in the process is standardized across different companies. c. The actual number of steps in the process is mandated by the government. d. The actual number of steps in the process is dictated by ISO.
An unfair labor practice case is decided by the National Labor Relations Board. If one of the parties to the case is unhappy with the decision or refuses to comply with the order, the appeal will go to:
a. an administrative law judge b. federal district court c. a magistrate d. no appeal is allowed; enforcement is by U.S. marshal e. none of the other choices