The process of analyzing alternative long-term investments and deciding which assets to acquire or sell is known as:

A) Planning and control.
B) Capital budgeting.
C) Variance analysis.
D) Master budgeting.
E) Managerial accounting.

According to the model of uncertainty and confidence, as uncertainty increases, a decision maker's confidence tends to

A) become disconnected.
B) decline.
C) slightly increase.
D) significantly increase.
E) remain stable.

Diffusion is the first successful commercial introduction of a product, the use of a new method, or the creation of a new form of business enterprise.

Aramis Inc. is a small Canadian software firm that develops online learning platforms for clients across the globe. It has operations in Australia and New Zealand. It increasingly uses technology tools to communicate and coordinate its activities. It has easy access to talent, and its staffing costs are low. Given this information, it can be said that Aramis Inc. is most likely a _____.

A) sole proprietorship
B) limited liability partnership
C) micro-multinational corporation
D) multilateral organization

In factor, or input, markets

A) consumers purchase products.
B) firms supply goods.
C) firms demand resources.
D) households demand goods.

Which of the following are not associated with an instrument known as a traveler's check?

A) Is payable on demand
B) Is drawn on or payable through a bank
C) Is designated by the term 'traveler's check' or similar wording
D) Is available only in countries that use paper currency
E) Requires as a condition of payment a countersignature of a person whose signature appears on the instrument