Most business professionals expect an email response within three days.

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


False

Most business professionals expect an email response within one day.

Business

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The basic assumption that the picture of the present can be projected into the future is the basis of a

A. strategic goal. B. business plan. C. vision statement. D. SWOT analysis. E. trend analysis.

Business

________ are created by the government to enforce regulatory statutes.

A. Municipalities B. Non-profit organizations C. Congressional oversight committees D. Administrative agencies

Business

Geraldine was injured in a car accident, and the insurance company has offered her the choice of $25,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave her as well off financially as with the annuity?

A. $225,367 B. $237,229 C. $249,090 D. $261,545 E. $274,622

Business

Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $56,560 per month plus $2,618 per flight plus $5 per passenger. The company expected its activity in February to be 63 flights and 254 passengers, but the actual activity was 62 flights and 255 passengers. The actual cost for plane operating costs in February was $218,820. The plane operating costs in the planning budget for February would be closest to:

A. $222,349 B. $220,151 C. $218,820 D. $222,764

Business