Solving problems involves three components: problem, solution, and ________
A) context
B) method
C) money
D) requirements
B
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What is cognitive dissonance, and what choices do people have to alleviate the psychological discomfort associated with cognitive dissonance? Give an example.
What will be an ideal response?
In a trend analysis, an index number of 139 for 20xx sales indicates that
a. sales for 20xx were 139 percent higher than sales for the same company in the base year. b. sales for 20xx for this company were 139 percent of the sales figure of another company being used in the comparison. c. sales for 20xx were 139 percent of the sales for the same company in the base year. d. actual sales for 20xx exceeded budgeted sales for 20xx by 39 percent.
Which of the following budgets can be used for control?
A) production budget B) cash budget C) budgeted income statement D) selling and administrative expense budget E) all of these
Under one method of estimating a loss reserve, the reserve is based on life expectancy, duration of disability, and similar factors. This method of estimating loss reserves is called the
A) judgment method. B) tabular value method. C) loss ratio method. D) average value method.