Areas of risk to the entrepreneur include
a. career, family, and psychological.
b. family, business, and social.
c. psychic, social, and physical.
d. financial, product, and market.
ANSWER: a
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Section 548 of the Bankruptcy Code defines as fraudulent certain transfers made, or obligations incurred, within what specified time period?
a. 12 months b. 9 months c. 6 months d. 3 months e. 1month
______ is having skills in perceiving, empathizing with, and reacting appropriately to the emotions of others.
A. Self-awareness B. Self-management C. Social awareness D. Relationship management
Companies report prior period adjustments, net of any income tax effects in the:
A. Income statement. B. Statement of retained earnings. C. Balance sheet. D. Statement of cash flows. E. No disclosure is required.
Which of the following statements is true of a capital budgeting project with a negative net present value (NPV)?
A. The project's internal rate of return is also negative. B. The project's discounted payback period is greater than its economic life. C. A firm should invest in a project with a negative NPV if the initial investment outlay is low. D. The project's traditional payback period is greater than the firm's expected payback period. E. The project's internal rate of return is higher than the discount rate used for NPV analysis.