Which of the following is NOT true?
a. Business is always changing.
b. Business is more complicated now than ever before.
c. Business is the exchange of goods, services, or money for mutual benefit.
d. People have become more and more dependent on one another.
e. Activities in business rarely change now.
e. Activities in business rarely change now.
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Factor analysis may not be appropriate in all of the following situations except ________
A) a small value for Bartlett's test of sphericity is found B) small values of the KMO statistic are found C) the variables are not correlated D) the variables are correlated
Which of the following is an example of a situational interview question?
A) If you were aware that a coworker was submitting false data, what would you do? B) What is your ideal work environment? C) What do you predict for the future of our industry? D) Tell me about a time that you dealt with confidential information.
What is the practical effect of an insurance policy being a conditional contract?
A) The insurer can refuse to a pay claim if the insured has not complied with all policy provisions. B) The insured can assign the policy only with the insurer's consent. C) The insurer can sue the insured for failure to pay any premiums. D) The insured gets the benefit of the doubt if a policy contains any ambiguities or uncertainties.
All of the following are potential disadvantages of short-term debt EXCEPT
A) short-term debt must be paid back more quickly than long-term debt. B) uncertainty of interest costs because short-term debt must be replaced often. C) short-term debt generally has a higher interest cost than long-term debt. D) a greater risk of illiquidity than long-term debt.