Business risk involves all of the following factors except _____.

1. 1. The more stable the demand for a firm’s products, the lower its business risk
   2. Firms whose input costs are highly uncertain are exposed to a low degree of business risk
   3. The faster a firm’s products become antiquated, the greater a firm’s business risk
   4. The greater the ability to adjust output princes reflect cost conditions, the lower the degree of busines risk

Goodwill is most appropriately classed as _____.

1. 1. A current asset
   2. An intangible asset
   3. A fictitious liability
   4. Owner’s capital

Non-random variable is also called _____.

1. 1. Regressed
   2. Predicator
   3. Response variable
   4. Explained variable

The ratios appropriate for the evaluation of accounts receivable are _____.

1. 1. Return on total assets
   2. Collection to debt ration
   3. Days sales outstanding
   4. Current ratio

Ex ante evaluation is _____.

1. 1. evaluation of project after its implementation
   2. evaluation of project during its implementation
   3. evaluation of project prior to its implementation
   4. evaluation of project after its completion

If quantity demanded for a good rises 20% when income rise 2% then the good is a(n) _____.

1. 1. Necessity
   2. Luxury good
   3. Inferior good
   4. Inelastic good

Body language, verbal intonation, the size of an office, and the clothes that are worn are all examples of _____.

1. 1. nonverbal communication
   2. verbal communication
   3. noise
   4. feedback

_____ refers to the process of recruiting, training, and sustaining a high level of employees performance.

1. 1. Strategic management
   2. Human resource management
   3. Personal management
   4. Financial management

Inflation is measured with which of the following indicators?

1. 1. Dow Jones index
   2. Consumer price index
   3. Consumer confidence index
   4. Corporate profits

Carrying Cost is the cost _____.

1. 1. Associated with initiating the work order
   2. Associated with having inventory on hand
   3. Associated with counting and handling specific quantities
   4. Associated with processing theinvoice