The rational model of decision making explains how managers should make decisions. It assumes that managers are completely objective and possess all information for their decisions. In this model, decisions thus demonstrate excellent logic and promote the organization's best interests.

Answer the following statement true (T) or false (F)


True

The rational model of decision making explains how managers should make decisions. It assumes that managers are completely objective and possess all information for their decisions. In this model, decisions thus demonstrate excellent logic and promote the organization's best interests.

Business

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Return on assets will likely differ across firms and across time. Three elements of risk that will help explain these differences are operating leverage, ___________________________________, and stage and length of product life cycle

Fill in the blank(s) with correct word

Business

Of the 141 companies on the list, Jason chose to survey only 75 of them. He sent surveys to both small as well as large companies

If Jason selected survey recipients randomly from two mutually exclusive groups comprising of small and large companies respectively, he most likely used a ________. A) simple random sample B) judgment sample C) convenience sample D) stratified random sample E) quota sample

Business

Which of the following accounting principles prescribes that a company record its expenses incurred to generate the revenue reported?

A. Expense recognition (Matching) principle. B. Business entity assumption. C. Going-concern assumption. D. Measurement (Cost) principle. E. Consideration assumption.

Business

Treating employees differently based on their age, such as only inviting younger employees to attend training, can result in adverse legal consequences.

Answer the following statement true (T) or false (F)

Business