A typical automobile financing agreement would be a closed-end credit agreement

a. True
b. False
Indicate whether the statement is true or false


True

Business

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A project’s variance is ______.

A. the sum of the variances of all of its critical activities B. the average of the variances of all of its critical activities C. the maximum of the variances of all of its critical activities D. the minimum of the variances of all of its critical activities

Business

Direct messages are not necessarily shorter that indirect messages

Indicate whether the statement is true or false

Business

In a research program that was conducted at the University of Michigan, it was found that ________ behavior also made for effective managers. This behaviour is characterized by trust and confidence, being friendly and considerate, showing appreciation, and keeping people informed.

A. task-oriented B. participative C. directive D. strategic E. relationship-oriented

Business

In the context of budget preparation, which of the following is a disadvantage of participatory budgeting?

A. It can lead to budgetary slack. B. It fails to motivate middle and first-line managers. C. It results in an inadequate representation of the issues faced by individual departments. D. It fails to identify the resources needed to achieve goals.

Business