___ allow for future situations that are unpredictable.

a. Contingency reserves
b. Management reserves
c. Known unknowns
d. Indirect reserves

Answer: b. Management reserves

Business

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What is the approximate IRR for a project that costs $160,000 and provides cash inflows of $55,000 for 4 years?

a. 34.4% b. 14.1% c. 36.7% d. 37.5%

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A 35-cents-off coupon for Campbell's chicken broth is a form of which of the following?

a. publicity b. sales promotion c. public relations d. personal selling

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