______________ is the strength of conviction or self-regulation by the individual.
a. Ego strength
b. Field dependence
c. Locus of control
d. Resultant luck
a. Ego strength
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A company purchased equipment valued at $145,000. It traded in old equipment for a $61,000 trade-in allowance and the company paid $84,000 cash with the trade-in. The old equipment cost $130,000 and had accumulated depreciation of $78,000. This transaction has commercial substance. What is the recorded value of the new equipment?
A. $52,000. B. $61,000. C. $136,000. D. $84,000. E. $145,000.
Each of the following items is considered a cash equivalent except:
A) a 30-day certificate of deposit. B) a 60-day corporate commercial paper. C) a 75-day U.S. Treasury bill. D) a 180-day note issued by a local government.
Which of the following is NOT a weakness in data interpretation?
a. Inferring that results of one study are true for all groups. b. Assuming constancy of human behavior and attitudes. c. Trying to make results conform to a prediction. d. All are weaknesses.
Which of the following characteristics does a successful entrepreneur tend to possess?
a. Leadership b. Drive c. Self-confidence d. All of the above