What statement about the role of concessions is false?
A. Concessions are central to negotiations.
B. Concessions is another word for adjustments in position.
C. Reciprocating concessions is a haphazard process.
D. Concession making exposes the concession maker to some risk.
Answer: C
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What percent of the area under the normal curve is covered by ±1.96 standard deviations?
A) 68 B) 75 C) 95 D) 99 E) 100
An example of an item that should be reported as a prior period adjustment is the
a. collection of previously written off accounts receivable. b. payment of taxes resulting from examination of prior years' income tax returns. c. correction of an error in financial statements of a prior year. d. receipt of insurance proceeds for damage to a building sustained in a prior year.
Employees should set aside their own personal value systems when making ethical decisions for their companies
Indicate whether the statement is true or false
An energy company that has expertise in drilling for oil would also likely have the resources to
A. drill for natural gas. B. operate a chain of gas stations. C. sell office supplies. D. manufacture automobiles. E. make medical devices.