Mike is in a hurry to appoint a personal assistant to help him with scheduling his meetings with clients. He posts an advertisement on a job website, and picks the first person who sends in her resume for the job. He only checks for the candidate's qualification and does not consider her work experience. This is an example of _____.
A. rational decision making
B. classical decision making
C. satisficing
D. evidence-based management
E. optimizing
Answer: C
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Income is a better predictor of purchases that have symbolic aspects but low moderate prices
Indicate whether the statement is true or false
BruceCo has accounted for the revenue of Jiffy Mac, Inc, one of its suppliers as though it were its subsidiary. BruceCo has probably committed fraud because of its misapplication of consolidation principles
a. True b. False Indicate whether the statement is true or false
SOX requires:
a. public companies to report all off-balance sheet transactions b. management to accept responsibility for maintaining adequate internal controls c. Officers to certify that company accounts fairly present the results of operations d. all of the above.
In preparing a statement of cash flows, sale of treasury stock at an amount greater than cost would be classified as a(n)
a. transfer activity. b. operating activity. c. investing activity. d. financing activity.