As any investor can create a portfolio of assets that will eliminate all, or virtually all, nondiversifiable risk, the only relevant risk is diversifiable risk

Indicate whether the statement is true or false


FALSE

Business

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______ percentage of midsize and large companies use personality and ability assessments for entry and midlevel management positions to help ensure the right fit between the job candidate and the job.

A. Forty B. Twenty C. Eighty D. One hundred

Business

A company needs extra employees to cover for hours that are missed by people taking time off, but do not want to carry too many extra people, a phenomenon known as ______.

A. absenteeism B. turnover C. slack resources D. extra resources

Business

The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and

administrative costs were $6,000. What would be the difference in Harold Corporation's Net income for 2010 if they used direct costing instead of absorption costing? A) No difference B) $2,000 greater C) $4,000 less D) $6,000 less

Business

Typically, ______ involves an expert-protege relationship with a skilled and knowledgeable teacher who can provide guidance and is less often a relationship with a “hired” change agent or external consultant.

a. coaching b. mentoring c. career planning d. career development

Business