A lessee computes the present value of the minimum lease payments using the lower of either the lessee's incremental borrowing rate or the lessor's implicit interest rate in the lease

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True

Business

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Share of wallet indicates the percentage of customers in group that were obtained at the same time who are still customers

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Business

The recency effect

A. indicates that the important points should be made early. B. states that the first item in a long list of items is the one most likely to be remembered. C. states the tendency for the last item presented to be the best remembered. D. should be used when the topics are familiar, interesting, or controversial to the receiver.

Business

If you carefully prepared your slide presentation, rehearsal is unnecessary

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Business

Research reports prepared by consultants for their clients tend to be rather formal

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Business