According to Hofstede, cultures with weak uncertainty avoidance are best described as ________
A) collectivist
B) hierarchical
C) egalitarian
D) risk-averse
E) risk-tolerant
E
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A culture with a long-term orientation will have trainees who are likely to accept development plans and assignments.
Answer the following statement true (T) or false (F)
If a firm has substantial capital or financing leases disclosed in the notes but not capitalized in the financial statements, then:
a. the times interest earned ratio will be overstated, based upon the financial statements. b. the fixed charge ratio will be overstated, based upon the financial statements. c. the debt ratio will be understated. d. the working capital will be understated. e. None of the answers are correct.
A doctor’s office is considering the purchase of a new piece of equipment. The equipment costs $25,000. The procedure performed with the new equipment will be billed to patients at $200. The doctor’s office estimates that the cost of materials and training for the new equipment will be approximately $75 per procedure. For which of the demand value below does it make sense for the purchase?
a. 50 procedures b. 100 procedures c. 150 procedures d. 225 procedures
If a defendant answering a complaint admits to the plaintiff's allegations but asserts additional facts that constitute a defense to the complaint, the defendant has asserted:
a. a counterclaim b. a deposition c. a pleading d. a reply e. none of the other choices