Which of the following is incorrect with respect to the use of models in decision making?
A) They improve understanding of the problem.
B) They promote subjectivity in decision making.
C) They are generally easy to use.
D) They provide a systematic approach to problem solving.
Answer: B
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Which two methods are used most often when establishing a transfer price?
a) Negotiated transfer pricing and cost-based transfer pricing b) Cost-based transfer pricing and standard-based pricing c) Cost-based transfer pricing and market-based transfer pricing d) Negotiated transfer pricing and market-based transfer pricing
Which of the following is a rule that eliminates HDC status with regard to negotiable instruments that arise out of certain consumer credit transactions?
A) FTC HDC rule B) exclusionary rule C) imposter rule D) fictitious payee rule