Which of the following represents a way of coping with uncertainty in a cash budget?
A) careful estimation of cash budgets outputs
B) developing a pro forma income statement to forecast sales and then express the various income statement items as percentage of projected sales
C) always using the prior year's data for estimates of the future
D) using scenario analysis, or "what if" approach, to analyze cash flows under a variety of circumstances
D
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Irrelevant costs are costs that are
a. different among alternatives. b. avoidable costs. c. opportunity costs. d. sunk costs.
Which employee listed below would not be a good example of someone with a low degree of self- monitoring?
a. Claire who does not disguise her behaviors b. Cliff who has little regard for how others perceive him c. Carol, who refuses to change any aspect of herself to accommodate a situation d. Clyde who might hold back on expressing his true feelings and behaviors
Which of the following is true of text chunking in business documents?
a. Enumerated lists decrease visual attention given to paragraphs of material. b. Numbered lists are generally preferred over bullet lists. c. Chunking makes a page look more organized and increase retention by 50 percent. d. Placing a number, letter, or bullet before elements is a series reduces readers' attention to the material.
The authority for the formation of LLCs comes from:
A) Federal statutes. B) State statutes. C) Federal administrative regulations. D) Federal court decisions. E) State court decisions.