_______________ is derived from organizationally conferred decision-making authority and is exercised by virtue of a manager's position in the organization.

Simulation models that are based on the generation of random numbers may fail to give the same solution in repeated use to any particular problem

Indicate whether the statement is true or false

Which of the following is an attribute of investment bankers?

A) They make long-term investments for banking institutions. B) They bear the risk of selling a security issue. C) They act as middlemen between the issuer and the banker. D) They provide the issuer with advice relating to the amounts of dividend to be paid.