_____ involves prioritizing risks based on their probability and impact of occurrence
a. Performing qualitative risk analysis b. Identifying risks
c. Planning risk responses d. Performing quantitative risk analysis
a
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A restraint that is merely ancillary to a contract may be legal if:
A. its purpose is to recover punitive damages. B. its purpose is to restrict trade indefinitely. C. it is designed to protect interests created by the contract. D. it attempts to relieve one party from liability for willful misconduct.
In a frequency distribution, two variables are considered at a time
Indicate whether the statement is true or false
Jacobs Company issued bonds with a $170,000 face value on January 1, Year 1. The bonds were issued at 105 and carried a 5-year term to maturity. They had a 8% stated rate of interest that was payable in cash on December 31st of each year. Jacobs uses the straight-line method to amortize bond discounts and premiums. Based on this information alone, how does the recognition of interest expense during Year 1 affect the company's accounting equation?
A. Decrease both assets and stockholders' equity by $11,900 B. Increase liabilities by $1700, decrease assets by $11,900, and decrease equity by $13,600 C. Decrease both assets and stockholders' equity by $13,600 D. Decrease equity by $11,900, decrease liabilities by $1700, and decrease assets by $13,600
Describe the differences between an achievement culture and an ascription culture. According to Dutch researcher, Fons Trompenaars, how does an understanding of these differences help an international manager be effective in dealing with clients outside his or her own culture?
What will be an ideal response?