The definition of goal setting is a process of making accomplishments,regardless of whether those were specified before hand or not.

Guardian Security Inc. and Hedge Fund Corporation enter into an oral contract under which Guardian agrees to provide services for Hedge's offices for as long as needed. This contract may be enforceable by

A) Guardian only.
B) Hedge only.
C) any interested third party, such as one of the firms' employees.
D) either Guardian or Hedge.

Most tests of semistrong efficiency are ________.

A) designed to test whether inside information can be used to generate abnormal returns
B) based on technical trading rules
C) unable to generate any evidence of market anomalies
D) joint tests of market efficiency and the risk-adjustment measure

In using a capital budgeting method that takes the time value of money into consideration,management must consider a hurdle rate in making its decisions.What is a hurdle rate? What factors does management have to consider in selecting a hurdle rate?

In the rank ordering method of multiperson comparison, each person is formally compared with every other person and is rated as either the superior or weaker member of the pair.

A sales invoice included the following information: merchandise price, $12,000; terms 1/10, n/eom, FOB shipping point with prepaid freight of $900 added to the invoice. Assuming that a credit for merchandise returned of $500 is granted prior to payment and the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?

A) $12,285
B) $11,500
C) $10,480
D) $11,385