Julie writes a letter to Mitchell authorizing him to sell her boat and sends a copy of the letter to Jared, a prospective buyer. The next day, Julie writes Mitchell a letter revoking his authority to sell the boat, but she does not send a copy of the second letter to Jared. Although Mitchell has no actual authority to sell the boat now, he continues to have apparent authority with respect to
Jared.
Indicate whether the statement is true or false
True
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A major difference between committed and discretionary fixed costs is that
a. incurring committed fixed costs is less risky than using discretionary costs. b. managers are usually responsible for committed fixed costs but not for discretionary fixed costs. c. incurring discretionary fixed costs rather than committed fixed costs gives a company more flexibility in controlling costs. d. companies are using more discretionary fixed costs because labor is easier to "remove" than technology.
The expected number of heads in 100 tosses of an unbiased coin is
a. 25 b. 50 c. 75 d. 100
Which of the following is/are TRUE concerning a SWOT analysis?
a. c and d are both true b. it is administered periodically rather than continually c. it looks at both internal and external factors that impact an organization d. it is best carried out early in the planning process e. none of the above are true
A retired person of modest means is best served by purchasing growth stocks
Indicate whether the statement is true or false