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Indicate whether the statement is true or false


True

Business

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An attempt to characterize causes of events to either personalities or external situations is called

A) projection B) selective attention C) attribution error D) halo effect

Business

A nonprofit chief executive officer (CEO) is holding a meeting with volunteers to solicit their ideas for organizational improvement. The CEO is applying which type of capacity as described by Letts?

A. internal B. adaptive C. program D. expansion

Business

The following lots of a particular commodity were available for sale during the year Beginning inventory 10 units at $50 First purchase 25 units at $55 Second purchase 30 units at $60 Third purchase 15 units at $65 The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the

first-in, first-out method? A) $1,250 B) $1,150 C) $1,275 D) $1,050

Business

_____________ is the simultaneous buying and selling to make a profit with no risk.

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

Business