Mackenzie is taking forever to buy a pair of jeans because she is considering all the factors involved, such as price, color, and style. Which method is being used to evaluate the various brands?

A) cognitive mapping approach
B) evoked set
C) multiattribute approach
D) affect referral


C

Business

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Which of the following best describes the primary role of auditors in financial reporting?

A. Independent party hired by management to express a professional opinion of the extent to which the company's financial reporting is in compliance with generally accepted accounting principles. B. Consultants that are hired by company management to advise on key matters related to competition, product pricing, employee retention, and financial reporting strategies. C. Key employees of the company that actively participate on the management team in strategic planning, product development, and financial reporting. D. Government employees assigned by local officials to ensure accurate financial reporting and operational integrity by the company.

Business

You have just read the annual report of a mutual fund. It boasted of a 26% return and advertised that it had beat the market return last year by three percentage points

In doing some research you discover the fund had a beta of +1.5 and the return on risk-free Treasury securities was 15.0%. Assuming a market risk premium of 8.0% should be used to evaluate performance means that A) the fund's performance was impressive; three percentage points is significant, given the above data. B) the fund's performance was good, but not impressive; it beat the market, but only by one percentage point not three. C) the fund's performance was no better than what you would have expected. D) the fund's performance was actually a percentage point less than what you would have expected.

Business

When two variables have a curvilinear relationship, the formula that best describes the linkage is very simple.

Answer the following statement true (T) or false (F)

Business

Congress creates the Federal Authority on Homelessness (FAH) and gave it broad powers to issue regulations, conduct searches, investigate areas where homelessness is a particular problem, and bring actions against those who discriminate against the homeless, or fail to follow FAH regulations. In March 2009, FAH issued a rule that businesses with 15 or more employees cannot discriminate against

the homeless in employment. The regulation states that businesses must take steps to recruit homeless people as employees and must provide homeless employees with adequate shelter. No public hearings are held and the final rule was published in the Federal Register in June, 2009. In October, 2009 FAH inspectors arrive at Elroy's Tackle Shop in Eureka, California. Elroy employs 18 people, including clerks, cashiers, and fishing guides. The inspectors ask Elroy what steps he has taken to hire a homeless person. He tells the inspectors that he has taken no steps, they fine him $5000 and inform him that he had better take such steps soon. Elroy did not know FAH existed or that he had a duty to try to hire homeless people. He calls his attorney, Maia, and asks her what to do. She suggests that he file a complaint stating that FAH failed to follow proper procedures when it issued the rule. Before Elroy can take his case to court, which of the following procedural requirements must he meet? a. he must have exhausted all administrative channels b. he must have a hypothetical controversy c. he must take the case to the correct court d. all of the other specific choices e. he must have exhausted all administrative channels and he must take the case to the correct court

Business