In the classroom mug experiment, students receive the mug for free and are willing to sell it:

A) for less than it's perceived market value, since it was free in the first place.
B) for exactly the perceived market value, without enjoying a gain or suffering a loss.
C) only for more than its perceived market value; otherwise it would create a perceived loss.
D) for any amount the buyer would offer, since it was free in the first place.

Amelia received a stellar performance appraisal in 2016 that translated to a 10 percent pay raise for 2017. Her 2016 base pay was $50,000. Which of the following applies to 2017?

A) Her employer would give her a bonus of $5,000.
B) Her pay would remain $50,000 but she would most likely get a promotion.
C) Her employer would add 10 percent to all her 2016 compensation components-base pay, incentives, benefits, and perks.
D) Her starting pay would be $55,000.

Stocks A and B each have an expected return of 15%,a standard deviation of 20%,and a beta of 1.2.The returns on the two stocks have a correlation coefficient of +0.6.You have a portfolio that consists of 50% A and 50% B.Which of the following statements is correct?

A) The portfolio's beta is less than 1.2.
B) The portfolio's expected return is 15%.
C) The portfolio's standard deviation is greater than 20%.
D) The portfolio's beta is greater than 1.2.

Which is not one of the basic orientations identified in the theory of Social Value Orientation?

A) competitive
B) cooperative
C) individualistic
D) principled
E) altruistic

Which of the following statements concerning leases is true?

A) Capital leases are favored by lessees.
B) The appearance of the account Leased Asset on the balance sheet signifies an operating lease.
C) The portion of a lease liability expected to be paid in the next year is reported as a current liability.
D) Present value is irrelevant in accounting for leases.

When an effective graphic is used in a report, there is no need for additional interpretation and analysis of the data.