The classification and normal balance of the dividends account is

A) an expense with a credit balance
B) an expense with a debit balance
C) a liability with a credit balance
D) stockholders' equity with a debit balance

Which of the following is/are included in the list of drawbacks to using the Monte Carlo simulation for dealing with risk in capital budgeting?

A) Cash flows still have to be estimated subjectively.
B) Individual cash flows generally don't behave independently. If one cash flow turns out to be less than expected, several other may behave the same way.
C) Even after creating a distribution of probably outcomes, it is difficult to know exactly how to interpret the data.
D) Both a. and c. are drawbacks.
E) All of the above are drawbacks.

You placed an order online at Target.com for a set of towels. As part of the checkout process, you were asked to provide your e-mail address. Now you receive e-mails from Target.com regarding products you might like. This is an example of

A) a paid display ad.
B) sales promotion.
C) an informative advertisement.
D) direct marketing.
E) integrated marketing communications.

All of the following would agree that rent should not be paid to landlords except

A) many biblical prophets.
B) Pierre Joseph Proudhon.
C) Henry George.
D) most economists.

A profile of abusive managers shows that they often come from abusive ________.

In his famous critique of the CAPM, Roll argued that the CAPM ________.

A) is not testable because the true market portfolio can never be observed
B) is of limited use because systematic risk can never be entirely eliminated
C) should be replaced by the APT
D) should be replaced by the Fama-French three-factor model