Which of the following statements is false about the process of iteration?
a. The iterative process may uncover issues that were previously undiscovered.
b. The iterative process must occur before integration.
c. The iterative process may involve additional data collection.
d. An important part of the iterative process is memoing.
e. One should deliberately look for contradictory evidence during the iterative process.
Ans: b. The iterative process must occur before integration.
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A) mission statement B) vision statement C) profit statement D) positioning statement E) corporate statement
Which of the following is true of outstanding shares?
A) A firm cannot sell more shares than the outstanding shares mentioned in the charter. B) Authorized shares become outstanding shares when they are issued or sold to investors. C) Outstanding shares are indicated in a firm's corporate charter. D) Outstanding shares are the shares repurchased by the firm.