A Student Who Never Considers Breaking into an Instructor's Office

question 93

Multiple Choice

A student who never considers breaking into an instructor's office to steal an accounting exam didn't think twice about asking a friend who took the same course from the same instructor last semester what questions were on the exam. What does this example illustrate?

• A) This example illustrates the concept of issue intensity.
• B) The student involved has an internal locus of control.
• C) The student involved has a strong ego strength.
• D) This example illustrates the concept of value-based management.

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Definitions:

Annual Net Cash Flows

This term refers to the amount of money that flows in and out of a business over a year after all expenses have been accounted for.

Expected Total Cash Flows

An estimation of all cash inflows and outflows associated with an investment over its expected life, used to gauge its profitability.

Average Rate of Return

A financial ratio indicating the average annual return earned through an investment over its lifetime, expressed as a percentage of the initial investment cost.

Net Income

The total earnings of a company after subtracting all costs and expenses from revenue.