A budget contingency of $1 million on a $10 million project means that the project will be planned for a cost of $10 million, but the project organization receives an extra $1 million to guard against unforeseen cost overruns

Indicate whether the statement is true or false


FALSE

Business

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A Likert scale is described as a seven-point rating scale with end points associated with bipolar labels that have semantic meaning

Indicate whether the statement is true or false

Business

The area under the normal curve represents probability

Indicate whether this statement is true or false.

Business

What behavior is at the top of the failure spectrum?

a. inattention b. uncertainty c. deviance d. lack of ability

Business

In the context of investing for retirement, which of the following statements is true of 457 plans?

A. They offer 50 percent tax deduction on a person's income. B. They are offered to employees of private-sector businesses. C. They allow an employee to enjoy tax-free earnings. D. They are primarily for state and local government employees.

Business