The margin of safety is an effective measure of risk for a company
Indicate whether the statement is true or false
T
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The goal to "improve the quality of customer service by instituting follow-up telephone calls this month" is not a SMART goal because it is
A. unlikely to align with higher level goals. B. not measurable. C. too simplistic. D. not results oriented. E. unlikely to result in improvement to customer service.
A responsibility center in which a manager is responsible only for sales is a(n)
A) cost center. B) revenue center. C) profit center. D) investment center. E) center not presented here.
If a third party learns the identity of an undisclosed principal the
a. contract is void. b. third party may hold the agent liable. c. third party may hold the principal liable. d. third party may hold either the agent or the principal liable.
The sale of "new" securities, where the financial asset is being traded for the very first time, is said to take place in the ________ market
A) primary B) money C) secondary D) capital