PowerPoint Uses ____, If It Is Installed, to Create Numerical

question 29

Multiple Choice

PowerPoint uses ____, if it is installed, to create numerical charts.

• A) SmartChart
• B) SmartArt
• C) Excel
• D) Tables

Identify and explain the three major types of business activities: operating, financing, and investing.

Comprehend the concept and importance of strategic management in business.

Know the role of the International Accounting Standards Board (IASB) and the Securities and Exchange Commission (SEC) in establishing accounting standards and principles.

Grasp the principles of objectivity, cost principle, and the going-concern assumption in accounting.

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Definitions:

Rational

Behaviors and decisions that maximize a person’s chances of achieving his or her goals.

Behavioral Economists

Economists focusing on how psychological, social, cognitive, and emotional factors influence the economic choices made by individuals and institutions.

Systematic Errors

Errors that consistently occur in the same direction and are caused by faults in the measurement system, not randomness.

Irrational

Behavior or actions that are not based on sound judgment or logic, often contrary to self-interest.