The balanced scorecard focuses only on lead indicators, because lag indicators are not important for performance evaluation

The principal hires an agent to manage his restaurant. As a result, the agent hires two people to

serve as waitstaff. The hiring of the waitstaff is an example of what type of authority? A) Express B) No authority C) Apparent D) Ratified E) Implied

The standard deviation for the return on an individual firm is closest to ________

Consider an economy with two types of firms, S and I. S firms always move together, but I firms move independently of each other. For both types of firms there is a 40% probability that the firm will have a 20% return and a 60% probability that the firm will have a -30% return. A) 24.49% B) -10.00% C) 12.25% D) 9.80%