A student received a poor grade on an exam. Which thought will the student have if they have a high internal locus of control?

A) "I don't care about that class so it really doesn't bother me."
B) "I am not good in that subject. It's not in my major and I'm only taking it because I have to."
C) "I am going to change my study habits so that I can improve on the next exam."
D) "The teacher never taught us that material, so it's no surprise my grade was bad."

C
Explanation: C) A poor result will motivate change in someone with a high locus of control because they believe they are in control of their outcomes.

Business

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Which of the following describes the time value of money?

A) The time value of money has no effect on the timing of capital investments. B) Money loses its purchasing power over time through inflation. C) The fact that invested cash may not earn interest over time is called the time value of money. D) A dollar received today is worth more than a dollar to be received in the future.

Business

________ is a "what if" technique that estimates profit or loss results if sales price, costs, volume, or underlying assumptions change

A) High-low method of analysis B) Sensitivity analysis C) Contribution margin D) Operating leverage

Business