Which of the following is the name for choosing one alternative from among several options?

A) Decision making
B) Assessment
C) Evaluation
D) Discernment
E) Arbitration


Answer: A
Explanation: A) Decision making can refer to either a specific act or a general process. Decision making is the act of choosing one alternative from among a set of alternatives.

Business

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SFAC No. 5 defines disclosure as:

a. presentation of information in the financial statements. b. presentation of information by means other than recognition in the financial statements. c. recognition of information in the financial statements or footnotes. d. presentation of information in any source available.

Business

CREATE OR REPLACE PACKAGE product_info_pkg IS   PROCEDURE prod_search_pp      (p_id IN bb_product.idproduct%TYPE,       p_sale OUT bb_product.saleprice%TYPE,       p_price OUT bb_product.price%TYPE);       PROCEDURE prod_search_pp      (p_id IN bb_product.productname%TYPE,       p_sale OUT bb_product.saleprice%TYPE,       p_price OUT bb_product.price%TYPE);END;The code fragment above is an example of a(n) ____.

A. package body B. overloaded procedure C. purity level D. package scope

Business

A corporation in which the shares are held by one shareholder or a small group of shareholders and the stock is not actively traded is a:

a. close corporation b. small corporation c. limited corporation d. shared corporation e. nonprofit corporation

Business

Norton Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The following information has been assembled for this statement:AssetsBook ValueEstimated CurrentValueCash $50,000  $50,000 Other current assets  120,000   110,000 Building  300,000   400,000 Land  150,000   200,000  Liabilities Liabilities with priority$90,000 Mortgage payable (secured by Building) 150,000 Notes Payable (secured by Land) 250,000 Unsecured liabilities 350,000 What amount will be paid to the fully secured creditors and the creditors with priority? Fully SecuredCreditorsCreditors WithPriorityA. $150,000  $50,000 B. $150,000  $90,000 C. $350,000  $50,000 D. $400,000  $90,000 

A. Option A B. Option B C. Option C D. Option D

Business