One of the major advantages of observation studies is that they record actual behavior rather than relying on reports of behavior from respondents.

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


True

Business

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Preparation of a production budget requires knowledge of the sales target in sales dollars

Indicate whether the statement is true or false

Business

A ________ is a document that states which lifesaving measures the signor does and does not want; can specify that he or she wants such treatments withdrawn if doctors determine that there is no hope of a meaningful recovery

A) living will B) health care directive C) health care proxy D) living trust

Business

A wide bid/ask spread could indicate which of the following?

A) frequent trading of a currency B) an inefficient market C) large volume transactions are taking place D) the presence of arbitrageurs

Business

What is the name of the effect related to market liquidity that occurs when a market lacks liquidity and an investor's trade is relatively large and results in an adverse effect on the price the investor gets?

A) turnover B) blocked funds C) demutualization D) market impact

Business