________ occur(s) when subordinates ask for excess resources above and beyond what they need to accomplish budget objectives

A) Pseudo participation
B) Effective budgeting
C) Budget slack
D) Participative budgeting

C

Business

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Net present value involves discounting an investment's:

A. assets. B. future profits. C. liabilities. D. costs. E. future cash flows.

Business

The owner of a secluded area adjacent to the Atlantic Ocean noticed that people from town walked along the shore in front of his property. The owner learned that the local citizens had been walking along this beach for several years. He went to court to try to stop people from walking along the water's edge in front of his property. The owner is likely to be

A) unsuccessful because the local citizens have been doing this for years and thus have an easement. B) unsuccessful because the owner's property extends only to the high-water mark and the public may use the land beyond this point. C) successful because the owner's property extends to the middle of the water bed. D) successful because the owner can control access to his own property.

Business