Which of the following scenarios demonstrates personality?
A. Phoebe volunteers in the crisis shelter like everyone in her church.
B. Shanda is generally friendly, likable, and calm under pressure.
C. Monte lacks coordination and performs poorly in all sports.
D. Dalton can perform any mechanical task well.
E. Lulu scores extremely well on an intelligence test.
Answer: B
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Phil, the store manager, recently had to fire Sue, an employee who graduated from North College. He felt that Sue was not well trained at her school. So when Steven, also a graduate from North College, applied for Sue's old position, he did not want to consider hiring him, feeling Steven also probably did not receive the proper training. Phil was affected by _____ bias.
A. blind B. training C. confirmation D. representativeness E. adjustment
Why is analysis of intangible assets more challenging than the analysis of tangible long-lived assets?
a. Except for software development costs under U.S. GAAP and development costs under IFRS, firms generally do not recognize internally developed intangibles as assets on the balance sheet. b. U.S. GAAP and IFRS require firms to measure the fair values of identifiable intangibles acquired in a business combination and assess whether they have finite lives or indefinite lives. c. Differences between U.S. GAAP and IFRS in the treatment of development costs mean that comparisons of firms that apply U.S. GAAP with firms that apply IFRS require consideration of and adjustment for those differences. d. all of the above e. none of the above
A demand-related difficulty with a retailer utilizing loss leaders is that it affects _____
a. variable markups b. prestige pricing c. legal provisions d. price-floor pricing
The master budget is:
A) the selective financial plan for the organization as a whole. B) typically for a 1-year period corresponding to the fiscal year of the company. C) broken down into daily and weekly budgets. D) used for misinformation and coordination. E) all of these.