Which of the following is most likely considered a weakness of present value models?
a. present value models cannot be used for companies that do not pay dividends
b. small changes in model assumptions and inputs can result in large changes in the computed intrinsic value of the security
c. the value of the security depends on the investor’s holding period; thus comparing valuations of different companies for different investors is difficult

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage