A positive residual income means that the return on investment exceeds the target rate of return

established by management.

Indicate whether the statement is true or false

TRUE

Business

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The two general groupings into which power may be categorized are ________

A) informational and personal B) formal and informal C) informal and legitimate D) formal and personal E) direct and indirect

Business

International transactions handled on a cash basis are subject to a high degree of exchange rate risk

Indicate whether the statement is true or false

Business