Instructions on a form should be placed as closely as possible to the items to which they pertain
Indicate whether the statement is true or false.
T
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Consider the non-profit organization Doctors without Borders (Médecins Sans Frontières), a Nobel Peace Prize winning organization that provides medical services in war zones and developing countries. For this type of organization, which of the following would likely be the best measure of business value?
A. Fund balance (i.e., the net of revenues less expenditures). B. Lives saved. C. Volunteers deployed. D. Donations raised.
If a company uses a periodic inventory system and receives a discount for early payment to the vendor, the company will record the cost reduction as:
a. a decrease to the Purchase Returns and Allowances account. b. a decrease in Cost of Goods Sold. c. an increase to the Purchase Discounts account. d. an increase in Sales.
Introduced in the mid-1970s, ________ is the term used to describe the practice of identifying emerging trends, setting priorities, and implementing strategies to respond to environmental changes
A. Public affairs B. Public opinion C. Publicity D. Issues management E. Lobbying
______ influences managers’ judgments of the frequency, probability, or likely causes of an event.
A. Representativeness B. Anchoring C. Heuristics D. Availability