Jose and Juanita are first cousins. Jose lives in San Francisco, California; Juanita lives in Toronto, Canada. The two have met only once in life, and may never meet again. Nonetheless, because they are blood relatives, Juanita has an insurable interest in Jose's life
a. True
b. False
Indicate whether the statement is true or false
False
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Which one of the following adjustments increases net income for the period?
a. Recognition of the amount of supplies used b. Recognition of interest on a note receivable c. Recognition of wages earned, but not paid to employees d. Recognition of rent costs that had been paid to the landlord in advance
Answer the following statements true (T) or false (F)
1. Common-information bias is the inclination to overemphasize information held by the majority of group members while failing to consider other perspectives held by the minority. 2. Confirmation bias is the propensity to over-rely on information recollected from memory when making a decision. 3. Innovation is the generation of meaningful ideas by individuals or teams and creativity is the creation and development of a new product or service. 4. As stated in the textbook, creativity and innovation are the lifeblood of successful organizations.
Based on the findings of the 2011 National Business Ethics Survey, what is not a positive trait for baby boomers?
a. Hardworking b. Idealistic c. committed to harmony d. Tech savvy
A table of contentsis the least important business plan preliminary
Indicate whether the statement is true or false