Simulation methods are very good at evaluating decisions when

A) the paths are decision dependent.
B) the decision rules are simple.
C) there are different forms of uncertainty.
D) implicit solutions are needed for analysis.


Answer: C

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Which of the following sections of the statement of cash flows includes the issuance of stock and the payment of cash dividends?

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Directors usually declare dividends less than the legal maximum and thereby allow retained earnings to increase as a matter of corporate financial policy for what reason(s)?

a. Available cash did not increase by as much as the amount of earnings, so paying the maximum legally permitted dividends would require raising more cash. b. Restricting dividends in prosperous years may permit continued level or steadily growing dividend payments in poor years. c. The firm may need funds for expansion of working capital or for plant and equipment. d. The firm can distribute the funds to shareholders with lower tax burdens for them by using the cash to repurchase shares. e. all of the above

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An effective persuasive message should use concrete and specific language to create an accurate representation of a product, service, or idea

Indicate whether the statement is true or false

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Constitutional safeguards protect the rights of individuals against federal government actions

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

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