The ethical "no free lunch" rule states that

A) if an action cannot be taken repeatedly, then it is not right to be taken at any time.
B) one should take the action that produces the least harm or incurs the least cost.
C) one can put values in rank order and understand the consequences of various courses of action.
D) everything is owned by someone else, and that the creator wants compensation for this work.
E) anything of value should not be taken.


D

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___________is the allocation of the cost of a tangible, long-term asset over its useful life

Fill in the blank(s) with correct word

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Computer business applications known as ________ ________, such as Lotus Notes, allow workers who are dispersed throughout the company to collaborate in real time.

Fill in the blank(s) with the appropriate word(s).

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______ recognizes the presence of an ethical issue.

A. Moral sensitivity B. Moral hypocrisy C. Moral focus D. Moral character

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True or False A portfolio manager was analyzing the price-earnings ratio for this year's performance. His boss said that the average price-earnings ratio was 20 for the many stocks, which his firm had traded, but he felt that figure was too high. The portfolio manager randomly selected a sample of 50 P/E ratios and found a mean of 18.17 and standard deviation of 4.60 . Assume that the population

is normally distributed and test at the 0.01 level of significance. The decision rule is: Reject H0 if the calculated t < -2.405. Indicate whether the statement is true or false

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