What is the present value of the following cash flow stream at a rate of 6.25%?
A. $411.57
B. $433.23
C. $456.03
D. $480.03
E. $505.30
Answer: E
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Why are category specialists sometimes called category killers?
A. They have a broad merchandise mix and shallow assortment. B. They carry mainly technologically obsolete merchandise. C. They are located at stand-alone sites. D. They are often located close to full-line discount stores and discount stores that offer a deep assortment of merchandise. E. They can dominate a category of merchandise making it difficult for other retailers to compete.
According to study of financial statement frauds by the Committee of Sponsoring Organizations (COSO) , the average fraud lasts for how many months?
a. 12 months b. 18 months c. 24 months d. 30 months
Which of the following describes ‘a naturally occurring and evolving collection of people who together engage in particular kinds of activity, and who come to develop and share ways of doing things – ways of talking, beliefs, values, and practices – as a result of their joint involvement in that activity’ (Galagan, 1993: 33):
a. communities of practice b. communities of experience c. high-performance work teams d. knowledge hives
An agreement that an offeror will not sell his property for a specified period subsequent to the offeree paying consideration to the offeror is referred to as a(n) ________
A) unequivocal acceptance B) contract of adhesion C) option contract D) firm offer