Select the incorrect statement about the planning process.
A. The longer the time period, the more specific the plans.
B. The nature of planning changes with the length of the time period being considered.
C. The shorter the time period, the less general the plans.
D. Planning decisions can often be sub-divided into three distinct planning phases, short-term, intermediate-term, and long-term.
Answer: A
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Which of the following items would not affect the investor's income for the period?
a. interest received on a temporary investment in bonds b. dividends received on a long-term investment in stock where the investor owns 10% of the investee's stock c. dividends received on a long-term investment in stock where the investor owns 30% of the investee's stock d. interest received on a long-term investment in bonds
Daisy tried to apply the job characteristics model to her workforce, but it only worked for some of her employees. Which of the following may be a reason why it did not work for everyone?
A. Some of her employees are lazy. B. Some of her employees are low in growth-need strength. C. Some of her employees have a low need for power. D. All of her employees have high growth-needs. E. Some of her employees have low affiliation needs.
Copybold Corporation is a start-up that has a capital structure that calls for a debt/assets ratio of 0.75. There are two possible scenarios with respect to the firm's operations: Feast and Famine. The Feast scenario has a 60 percent probability of occurring, and the forecast earnings before interest and taxes (EBIT) in this scenario is $60,000. The Famine scenario has a 40 percent chance of occurring, and the EBIT is expected to be $20,000. Further, the cost of debt for this capital structure will be 12 percent. The firm will have $400,000 in total assets, and it will face a marginal tax rate of 40 percent. The company has 10,000 outstanding shares. What is the difference between the earnings per share (EPS) forecasts for Feast and Famine?
A. $0 B. $2.40 C. $1.48 D. $0.62 E. $0.98
Job bidding is often done if a ________ is present
a. realistic job preview b. skills inventory c. union d. takeover threat e. tele-recruiting department