The Dunning-Kruger effect is observed when a worker is:
A) so low in skills, she overestimates her ability.
B) high in skills, but rates herself low to seem humble.
C) low in skill, but is able to rate her ability accurately.
D) so high in skills, she performs poorly because she is bored.
Answer: A) so low in skills, she overestimates her ability.
Business
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Bond price: Triumph Corp. issued five-year bonds that pay a coupon of 6.375 annually. The current market rate for similar bonds is 8.5 percent. How much will you be willing to pay for Triumph's bond today?
A) $1,023 B) $1,137 C) $916 D) $897
Business
Flexible budgets use budgeted (or standard) costs at the actual level of activity
Indicate whether the statement is true or false
Business