In the opening case “How We’re Fixing Up Tyco,” which of the following individuals was the senior vice president of corporate governance at Tyco who had the responsibility of repairing the tarnished image of the diversified conglomerate?
a. Jack Welch
b. Ken Lay
c. Charles Prince
d. Eric Pillmore
d. Eric Pillmore
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Which of the following would be an argument in favor of using residual income models in performance measurement?
a. All forms of residual income are consistent with discounted net cash flows for any method of depreciation. b. Residual income focuses on historical performance. c. The determination of residual income is dependent on an accurate estimate of the cost of capital. d. Residual income recognizes that all capital, debt as well as equity, has a cost.
Which of the following conveys a positive connotation when convincing prospective customers that they will like your product, service, or idea??
A) ?Willingness of a seller to refund money B) ?Willingness of a seller to offer free trials C) ?Willingness of a seller to exchange unsatisfactory units D) ?Willingness of a seller to provide a short, simple guarantee in an attachment
Which type of powers given to Congress are spelled out in the U.S. Constitution?
a. Express powers b. Implied powers c. Inherent powers d. Police powers
Indications or warning signs that a risk has occurred or is about to occur best defines
A) risk alerts. B) monitor alerts. C) project triggers. D) risk triggers.