Measuring the firm's performance against established objectives is part of which of the following functions?
a. Planning
b. Controlling
c. Organizing
d. Staffing
B
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[APPENDIX] Stockton Corporation has made an accounting entry to record deferred taxes as a liability resulting from temporary differences between accounting income and taxable income. Which of the following statements is true?
a. Deferred tax will be decreased. b. Stockholders' equity will be increased. c. Stockholders' equity will be decreased. d. Assets will be decreased.
Toss, a chain of sports equipment retailers, plans to invest in a retail operation in a foreign country. Which of the following categories of investments does this belong to?
A. Portfolio investment B. Philatelic investment C. Direct investment D. Alternative investment E. Inventory investment
All of the following about multiple regression are true EXCEPT:
A) R2 cannot be less than the highest bivariate r2 between an independent variable and the dependent variable. B) R2 will be larger when the correlations between independent variables are low. C) If the independent variables are uncorrelated, then R2 will be the sum of the bivariate r2 of each independent variable with the dependent variable. D) Adjusted R2 adjusts for the number of independent variables and sample size. E) R2 can decrease as more independent variables are added to the regression equation.
Which of the following is not a characteristic of nonprogrammed decisions?
a. Found at the higher levels of the organization. b. Have more uncertain conditions surrounding the decision. c. Are poorly structured and occur infrequently. d. Are repetitive and routine and have standard operating procedures.