An increase in an expense may be accompanied by a decrease in a liability.
Answer the following statement true (T) or false (F)
False
An increase in an expense, such as salaries expense, may be accompanied by an increase in a liability, such as salaries payable, but it may not be accompanied by a decrease in a liability.
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?Other things held constant, an increase in the required rate of return will result in _____.
A. ?a decrease in the net present value of a project B. ?a decrease in the internal rate of return (IRR) of a project C. ?a decrease in the discounted payback period of a project D. ?an increase in multiple internal rates of return of a project E. ?a decrease in the cash outflow required for a project
Which of the following statements about interpreting data is the most accurate?
A. The confidence interval is likely to contain the true value for the whole population. B. The confidence interval is always very narrow. C. With a larger sample, a few unusual responses are more likely to make a big difference. D. The confidence interval refers to the range located on the left side of an estimate. E. The smaller the sample, the greater the accuracy of estimates from a random sample.
When difficult people are ignored, they tend to stop their bad behavior.
Answer the following statement true (T) or false (F)
Parties to a contract may specify in advance the amount of damages that must be paid in case of breach. These liquidated damages
a. are generally payable in a liquid form (for example oil, or solvents, or alcoholic beverages). b. are enforceable if they are a penalty designed to frighten parties into performance as agreed. c. must be reasonable and not a penalty. They reflect the difficulty of assessing the actual or anticipated damages that would be caused by any future breach. d. are most appropriate when actual damages will be easy to calculate.