Which of the following statements is true?
a. A good innovator should be a genius.
b. Innovators rarely work in more than one area.
c. Innovators are poor workers.
d. A good innovator uses only the left side of the brain.
ANSWER: b
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“Developing long-term goals, objectives and priorities and deciding on actions” is which of the management functions?
a. External awareness b. Planning c. Representation d. Coordination
In interval estimation, the t distribution is applicable only when
a. the population has a mean of less than 30 b. the sample standard deviation is used to estimate the population standard deviation c. the variance of the population is known d. the standard deviation of the population is known
The BDO Seidman v. Hirschberg, 93 N.Y.2d 382 case focuses on:
A. Whether personal relationships between company management and external auditors is allowed. B. Whether merger and acquisition services should be provided for an audit client. C. Whether adequate records and documents are maintained. D. Whether a firm's protective covenants are reasonable in scope.
Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount will
a. Be higher. b. Be lower. c. Stay the same. d. Cannot tell. e. Be variable.