A management decision may be beneficial for a given profit center, but not for the entire company. From the overall company viewpoint, this decision would lead to

a. goal congruence.
b. centralization.
c. suboptimization.
d. maximization.

C

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Which of the following is true of the Insecticide, Fungicide, and Rodenticide Act?

A) It only allows government-manufactured pesticides to be sold. B) It requires all pesticides to be registered with the EPA. C) It cannot suspend the registration of an already registered pesticide. D) It allows non-registered pesticides to be sold only under supervision by the Environmental Protection Agency (EPA).

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Acme, Inc., produces widgets. To manufacture a new type of widget, it took 60 hours for the first widget. Acme estimates it has a 90% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 35th widget.

a. 34.98 hours b. 29.30 hours c. 44.55 hours d. 22.94 hours

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Kern Corporation's 5-year bonds yield 7.50% and 5-year T-bonds yield 4.30%. The real risk-free rate is r* = 2.5%, the default risk premium for Kern's bonds is DRP = 1.90% versus zero for T-bonds, the liquidity premium on Kern's bonds is LP = 1.3%, and the maturity risk premium for all bonds is found with the formula MRP = (t - 1) 0.1%, where t = number of years to maturity. What is the inflation premium (IP) on all 5-year bonds?

A. 1.40% B. 1.64% C. 1.32% D. 1.06% E. 1.19%

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Nonsampling errors reduce the overall quality of the data regardless of the data collection method.

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

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