In the winter, an appraiser observed that the inside of an exterior wall of the house is about the same temperature as other interior partitions. The appraiser would come to the conclusion that:
a. The furnace is sufficient
b. The wall insulation is adequate.
c. Heat is leaking into outside walls.
d. The heating duct system is not properly sealed.
Answer: b. The wall insulation is adequate.
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A fiduciary's duty of care with respect to ERISA retirement plans applies to:
A. the management of the plan's funds. B. the adoption of the plan. C. amendment of the plan. D. termination of the plan.
All of the following approaches are appropriate for checking escalation of commitment to poorly performing new product development projects except:
a. give a bonus to the manager in charge of the new product development b. include naysayers or skeptics on the product review committee c. decouple the withdrawal decision from previous investments d. use a stopping rule based on objective data e. have a new manager with no prior beliefs make the continue/stop decision