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NEW QUESTION # 82
Jennifer is drafting a contract with a "termination for convenience" clause.
Q: What obligations should be included in this clause? (Select all that apply.)
Answer: A,B,C
Explanation:
A termination for convenience clause outlines the responsibilities when a contract is ended early by mutual agreement (p.135).
Returning advance payments ensures fairness.
Destroying confidential data prevents misuse.
Smooth service transition minimizes disruptions.
A review meeting is not mandatory, so it is incorrect. [P.135]
NEW QUESTION # 83
Which culture type is task-oriented, structured, and uses logic for decisions?
Answer Options:
Answer: B
Explanation:
A Linear-Active culture (p.176) focuses on logic, organization, and process-based decision-making.
Multi-Active (B) focuses on emotions and relationships.
Reactive (C) adapts to external changes.
Proactive (D) anticipates change, but does not define structure. [P.176]
NEW QUESTION # 84
Which of the following statements about investment appraisal techniques are true? (Select all that apply.) Answer Options:
Answer: A,C,D
Explanation:
Option B is correct - ROCE is expressed as a percentage (p.87).
Option C is correct - Payback Analysis only considers the break-even point (p.83).
Option D is correct - IRR and NPV are often used together (p.82).
Option A is incorrect - Profit maximization is not the primary focus of non-discounted cash flow methods. [P.82-87]
NEW QUESTION # 85
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply
Answer: A,E
Explanation:
Discounted cash flow accounts for the time value of money and allows for an accurate comparison of projects with different durations.
NEW QUESTION # 86
Which elements define an organization's culture? (Select all that apply.)
Answer: A,B,C,D
Explanation:
Organizational culture (p.154) consists of:
Beliefs, interactions, environment, and customs.
Financial standing does not define culture, making it incorrect. [P.154]
NEW QUESTION # 87
......
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