Toyota's capital budgeting analysis for the Prius, a gas-electric hybrid, was faulty because the car

Directors and officers are expected to be informed on corporate matters and to conduct a ___________________ of the situation before making a decision.

Fill in the blank(s) with the appropriate word(s).

Credit terms of a merchandising company are 1/15, net 40. This means that the buyer can receive a discount of 1% if the invoice is paid within 40 days of the invoice date

Indicate whether the statement is true or false