In the context of decision making, which of the following is an assumption of intuition?
A. It involves learned patterns of information.
B. It is used at a level above consciousness.
C. It is a negative force in decision making.
D. It is slow.
Answer: A
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A company purchases for $24,000 an asset that has a useful life of six years and no salvage value. After two years, the company spends $4,000 for a major overhaul that will extend the machine's useful life four years beyond the original six. Assuming straight-line depreciation, how much depreciation should be taken in year 3?
a. $2,800 b. $2,500 c. $2,000 d. $4,000
All but one of the following are types of continuous forms. Which one is not a type of continuous form?
A. Fan-fold B Roll C. Unit-set D. Removable side strip
Russell and Joe make a contract for Russell to manufacture five leather chairs of a specified design. Prior to their manufacture, the factory is destroyed in an accidental fire that is no one's fault. If the chairs are available from other sources:
a. Russell must supply the chairs, even if he must buy them elsewhere. b. Russell's duty to deliver the chairs is discharged by the destruction of the factory. c. Russell has materially breached the contract if he fails to deliver the chairs. d. (a) and (c) are correct.
In cultures with monochronic time schedules, schedules are subordinated to personal relationships.
Answer the following statement true (T) or false (F)