The difference in decision making under risk and decision making under uncertainty is that under risk, we think we know the probabilities of the states of nature, while under uncertainty we do not know the probabilities of the states of nature

Indicate whether the statement is true or false


TRUE

Business

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If a corporation operates at a loss, the loss may not be used to offset income from other years.?

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

Business

A trade discount that has two or more discounts is called a(n) ____________________

Fill in the blank(s) with correct word

Business

Cambra Corporation manufactures two products: Product N70E and Product F54Y. The company is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products N70E and F54Y.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$171,0009,000MHsMachine setupsNumber of setups$150,000250setupsProduct designNumber of products$78,0002productsOrder sizeDirect labor-hours$330,00010,000DLHs Activity MeasureProduct N70EProduct F54YMachine-hours5,0004,000Number of setups150100Number of products11Direct labor-hours4,0006,000 Using the ABC system, the percentage of the total overhead cost that is assigned to Product F54Y is

closest to: A. 50.00% B. 27.16% C. 24.01% D. 51.17%

Business

Once a receiver provides feedback to a sender, the sender and receiver have engaged in

A. nonverbal communication. B. verbal communication. C. one-way communication. D. two-way communication. E. body language.

Business