Which of the following statements is TRUE?* 2 points
In general, if you choose a repayment plan with a longer term, the total interest you
pay will be higher
In general, if you choose a repayment plan with a longer term, you will pay off
your
loan more quickly
In general, if you choose a repayment plan with a longer term, the total cost of your
loan will be lower
In general, if you choose a repayment plan with a longer term, you will probably
damage your credit score

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.