A causal model provides evidence of ______________ between an independent variable and the variable to be forecast
a. a causal relationship
b. an association
c. no relationship
d. a seasonal relationship
b
RATIONALE: The causal forecasting model provides evidence only of association between an independent variable and the variable to be forecast. The model does not provide evidence of a causal relationship between an independent variable and the variable to be forecast, and the conclusion that a causal relationship exists must be based on practical experience.
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Which of the following is not an internal objective of transfer pricing?
a. better cash management. b. better competitive positions. c. better goal congruence. d. more motivated managers.
Which of the following is true in regard to the business judgment rule if one or more individual directors have a personal interest in a transaction being considered by the board?
a. The decision may be entitled to the protection of the business judgment rule if the transaction is approved by a majority of the inside directors. b. The decision may be entitled to the protection of the business judgment rule if the transaction is approved by a majority of the disinterested directors. c. The decision is not entitled to the protection of the business judgment rule resulting in a higher level of proof regarding the reasonableness of the transaction being required from the board of directors. d. The decision is not entitled to the protection of the business judgment rule leading to a legally established conclusion of illegality on the part of the board of directors.
Break-even analysis can help a manager compare location alternatives on the basis of quantitative factors that can be expressed in terms of total cost
Indicate whether the statement is true or false
Business ethics applies only to the owners, operators, and employees of corporations.
Answer the following statement true (T) or false (F)