The recency effect is more common when:

A) making an evaluation involving complex information.
B) the decision maker has considerable experience in that situation.
C) the decision maker believes most employees are above average.
D) evaluating someone who is easily identified with a visible demographic group.
E) the decision maker has a strong learning orientation.

Organizational culture can sometimes be reshaped by applying transformational leadership and organizational change practices.

Which statement is true?

A) In 2010,currency constitutes a little more than half our money supply.
B) Our money supply is controlled mainly by the United States Treasury.
C) The most important job of money is as a store of value.
D) In 2010,checkable deposits constitutes over half of our money supply.

Some of the problems with immunization are

A) duration assumes that the yield curve is flat.
B) duration assumes that if shifts in the yield curve occur, these shifts are parallel.
C) immunization is valid for one interest-rate change only.
D) durations and horizon dates change by the same amounts with the passage of time.
E) immunization is valid for one interest-rate change only, duration assumes that the yield curve is flat, and that if shifts in the yield curve occur, these shifts are parallel.

The concept of the relevant range does not apply to fixed costs.

The cash basis of accounting records revenues and expenses when the cash is exchanged, while the accrual basis of accounting

A) records revenues when they are earned and expenses when they are paid
B) records revenues and expenses when they are incurred
C) records revenues when cash is received and expenses when they are incurred
D) records revenues and expenses when the company needs to apply for a loan