According to the GLOBE, which of the following behaviors is culturally contingent?
A. asocial
B. ambitious
C. dynamic
D. insensitive
Answer: B
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A theory that investors use all the information available to them about companies future prospects in determining their buying and selling decisions is called ________ expectations.
A. rational B. irrational C. adaptive D. realized
Privately owned companies
A) are required to have an independent CPA audit their financial statements. B) are required to have their internal control systems audited. C) are required to have both the financial statements and internal control systems audited. D) are not required to do any of these.
Mallory Market Inc. relies on external debt financing and internally generated retained earnings to finance new projects. This is an unsustainable model because:
A) the firm cannot rely on outside financing to fund new projects. B) too much debt will lead to too much equity held by outside creditors. C) with no new stockholders the firm must eventually fail. D) This is NOT an unsustainable model.
Contracts entered into by mentally incompetent persons can be valid.?
Indicate whether the statement is true or false