Grace is buying a new car and wants to negotiate with the dealership to bring the price down. Which of the following strategies will help Grace the MOST? a) Walk into the dealership, state her desired price for the car, walk out and wait for the salesperson to say “yes” or “no”.
b) Come to the dealership with a pre-qualified loan in hand from her bank so that she can negotiate the terms of a loan through the dealership.
c) Say the name of a pricing guide like “Edmunds” or “Kelly Blue Book” while speaking with the salesperson to show them that she’s done her research.
d) Shop at just one dealership so that she can talk to multiple salespeople there to see who will give her the best deal.

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?

The simple interest in a loan of $200 at 10 percent interest per year is

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?