A large positive value of cumulative sum error (CSE) implies ______.

a. the forecast is consistently overstating the actual demand
b. the forecast is consistently understating the actual demand
c. the forecast is exactly equal to the actual demand
d. the forecast is never equal to actual demand


b. the forecast is consistently understating the actual demand

Business

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Endeavor Company issued 20-year bonds with a coupon rate of 6% when the market rate of interest was 9%. This means that the bonds were issued

a. at a premium. b. at a discount. c. at the face value. d. with an additional 3 years of interest.

Business

If you lie to the other party by saying "Your sins are about to be uncovered" indicating that you know what they know but will not discuss it, is the verbal tactic of ________ to determine whether the other party is acting deceptively.

Fill in the blank(s) with the appropriate word(s).

Business

Ratification occurs when a principal accepts responsibility for an agent's unauthorized act.

Answer the following statement true (T) or false (F)

Business

Jose and Juanita are first cousins. Jose lives in San Francisco, California; Juanita lives in Toronto, Canada. The two have met only once in life and may never meet again. Nonetheless, because they are blood relatives, Juanita has an insurable interest in Jose's life.

Answer the following statement true (T) or false (F)

Business