Answer:
B) 2 percent.
Explanation:
to calculate the expected interest rates we just add the forward rates: 4 + 1 + 1 = 6, and then divide by 3 (the number of forward rates, not the number of years): 6 / 3 = 2
The expectations theory of the term structure states that investors will predict the value of future short term interest rates using the values of current forward rates.
Charles and Sarah own a home in Palm Springs, CA. During the year, they rented the house for 40 days for $5,000 and used it for personal use for 18 days. The house remained vacant for the remainder of the year. The expenses for the house included $16,000 in mortgage interest, $4,500 in property taxes, $1,000 in utilities, $1,200 in maintenance, and $9,800 in depreciation. What is the deductible loss for the rental of their home (without considering the passive loss limitation)? Use the Tax Court method for allocation of expenses.
A.$0
B. $5,000 net income
C. $17,414 net loss
D. $27,500 net loss
Answer:
Option (c) is correct.
Explanation:
Total expenses:
= mortgage interest + property tax + utilities and maintenance + Depreciation expense
= $16,000 + $4,500 + ($1,000 + $1,200) + $9,800
= $32,500
Proportionate rental expenses = $32,500 × 40 days ÷ (40 days + 18 days)
= $22,414
Rental Loss = Rental income - Proportionate rental expenses
= $5,000 - $22,414
= -$17,414
The intentional, deliberate misstatement, or omission of material facts or accounting data that is misleading and, when considered with all the information made available, that would cause the reader to change or alter his or her judgment or decision is defined by the Association of Certified Fraud Examiners as:
Answer:
Financial statement fraud
Explanation:
Financial statement fraud - it is referred to as the alternations in financial statements that are induced by the company's itself The main reason behind alternation in the financial statements is due to the mislead people dealing with finance and developed the false picture of the company's financial information.
some ways through which financial statement fraud can be done are
- by making false entries
- altering the finance statement by changing the data value
- inducing false information
Ransdell Corporation estimates that $15,000 of the current period’s credit sales will be uncollectible. Where will these bad debts be reported in Ransdell’s financial statements?
Answer:
Bad Debts Expense of $ 15,000 in the income statement and offset of receivables by $ 15,000 in the balance sheet.
Explanation:
The portion of credit sales considered to be uncollectible will be recorded as an expense in the income statement for the period. This is usually classified as bad debts expense and appears in the income statement as a debit or expense.
The corresponding credit shall be either to an Allowance for Uncollectible accounts if a provision is made or directly as a credit to the receivables account.
In either manner the effect is to reduce the receivable in the balance sheet
this set of factors that directly influences of firm and its competitive actions and responses; the threat of new entrants: the power of suppliers, the power of buyers, the threat of product substitutes, and the intensity of rivalry among competing firms.___________-
Answer:Intensity of rivalry among competing firms prices, product quality and promotional strategies.
Explanation:firms will compete with each other in the same market on Price changes,the quality of product offered and the promotional strategies and tools used to boost their revenue base.It is obvious that homogenous product will lesser will attract a higher sales than the others.Since they are trading the same item or commodity, any seller that sells below the market price will likely enjoy more sells than others and vice versa.
Another thing factor is the quality of the product.Rational buyers donnot just buy to satisfy their need but to also enjoy the durability and achieve maximum satisfaction from their patronage.Its therefore means that customer will not just buy any thing that looks the same but of a higher quality.This therefore creates rivalry between same firms.
_____ is the process of continually acquiring information on events occurring outside an organization to identify and interpret potential trends.A) Cause marketingB) Green marketingC) Environmental scanningD) Internal scanningE) Multicultural marketing
Answer: (C) Environmental scanning
Explanation:
The environmental scanning is one of the business strategy that helps in gathering the various types of information about the relationship and also the events in an organization.
The main aim of the environmental scanning is that it helps in manage the future direction of the organization and also maintain the customer relationship.
The importance of the environmental scanning is that it changes the environment rapidly and also helps in identifying the opportunities, strength, threats and the weakness in the business.
Therefore, Option (C) is correct answer.
Which of the following does a firm possess when it can outperform other firms in the same industry or the industry average over a prolonged period of time?
Answer: competitive advantage (sustainable)
Explanation: when a company has sustainable competitive advantage, it means it has characteristics, attributes, features, assets etc that has set it apart from its peers, often quite difficult to reproduce setting them in a position for long term market superiority.
Truck #2 has a list price of $20,000 and is acquired for a down payment of $2,500 cash and a zero-interest-bearing note with a face amount of $17,500. The note is due April 1, 2018. Culver would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has an incremental borrowing rate of 8%.
Answer:
Dr Trucks 18,555
Dr Discount on Notes Payable 1,445
Cr Cash 2,500
Cr Notes Payable 17,500
Explanation:
Since the seller accepted a zero interest bearing note, that is equivalent to making a discount. To determine the discount on the note, we have to calculate the present value of the note: discount rate is 9% and present value is $17,500
present value of the note = $17,500 / (1 + 9%) = $16,055
discount on the note = $17,500 - $16,055 = $1,445
So the purchase price of the truck would be:
$2,500 down payment + $16,055 = $18,555
Barb, a single mother of five children, chooses to go to Payless Shoes to purchase her children's shoes rather than shopping at Zappos.com. This is an example of which of Porter's Five Forces?
A) rivalry among existing competitors
B) supplier power
C) threat of new entrants
D) MIS
Answer:
A) rivalry among existing competitors
Explanation:
Since Barb chooses to go to Payless Shoes to purchase her children's shoes rather than shopping at another shoe seller Zappos.com, this is an example of rivalry among existing competitors .
In Porters' five forces, Competitive rivalry measures the extent of competition between existing firms. This rivalry can trigger price wars (including price cutting) which result in limitation of profits. It also involves increased advertising costs, higher research and development on service/product improvements and innovation, etc.
Which of the four functions in the management process is dedicated to arranging tasks, people, and other resources to accomplish the work?
Answer:
Organizing Function of Management
Explanation:
Organizing is proper placement of men and material on the jobs. This simply involves arranging tasks, people, and other resources to accomplish the work. The entire organization is divided into separate sections. Each section requires specialized functions to be performed, which require specialized people and other resources to complete them. Proper superior subordinate relationships with matching authority and responsibility are established.
Note- Different organization sections can be marketing, finance, procurement, production and after sales etc.
______________--relationships between activities. For example, one activity may not be able to start until another has finished, or perhaps one activity is dependent on another activity starting before it can finish. We'll cover several types of dependencies next.
Answer:
FINISH TO START
Explanation:
Dependencies are types of relationships between preceding & succeeding activities .
4 Types : Finish to Start, Start to Start, Finish to Finish, Start to Finish
One activity (succeeding) can start only of the another (preceding) has finished is: FINISH TO START . Eg - Food can be cooked only if all the ingredients have been bought.
Start to Start- Preceding Activity must start before Succeeding Activity can be started ; Finish to Finish- Preceding Activity must be finished before Succeeding Activity can be finished ; Start to Finish- Preceding Activity must be started before Succeeding Activity can be finished.
A student has some $1 bills and $5 bills in his wallet. He has a total of 16 bills that are worth $44. How much of each type of bill does he have?
Answer:
Explanation:
Student has X amount of $1 bills and Y amount of $5 bills. At the same time, it is equal to $44 and 16 in terms of quantity. We can make an equation:
$1*X + $5*Y= $44 AND X+Y=16 ⇒ X=16-Y
16-Y+5Y=44
16+4Y=44
4Y=28
Y=7
X=16-Y=16-7=9
So, 9 bills of $1 and 7 bills of $5
What are the advantages of using capital in the production process? What is meant by the term ""division of labor""? What are the advantages of specialization in the use of human and material resources? Explain why exchange is the necessary consequence of specialization.
Answer: First, the use of capital in the production process allows companies to increase their efficiency by producing more at a lower cost and creating a need in consumers for the consumer good. The division of labor is the fragmentation or decomposition of a productive activity in more elementary tasks, as well as its distribution among different people, according to their physical strength, ability and knowledge.
The advantages of specialization clearly are that each person has different skills in which they can specialize and learn more and in this way saves time and resources by making the work groups perform their tasks much faster.
The exchange is the necessary consequence of the specialization because for example each country will concentrate on producing what it is specialized in and is more efficient, therefore it will seek to exchange the rest of the products in which they are most ineffective.
The term "division of labor" refers to the specialization of tasks within a production process where individuals or groups focus on specific tasks they are skilled at. Specialization in the use of human and material resources ensures that resources are used most efficiently. Exchange is the necessary consequence of specialization because no single entity can produce everything it needs.
Using capital in the production process offers several advantages.
Firstly, it increases productivity by allowing for the mechanization of tasks, reducing the need for manual labor, and increasing output.
Secondly, capital can enhance the quality and consistency of products, leading to higher customer satisfaction.
Thirdly, it enables businesses to scale up their operations, reach larger markets, and remain competitive.
Additionally, capital can improve safety and working conditions for employees, contributing to their well-being.
This specialization leads to several advantages. It increases efficiency as workers become more proficient in their roles, reduces training time, and minimizes errors. It also allows for economies of scale, as production becomes more streamlined and cost-effective.
Through exchange, specialized producers trade their surplus goods and services, leading to a more diverse and efficient allocation of resources, promoting economic growth, and benefiting society as a whole.
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Lilly is the price-taking owner of an apple orchard. The price of apples is high enough that Lilly is earning positive economic profits. In the long run, Lilly should expect:
Answer:
Lower the apple prices as there is entry of the new firms.
Explanation:
As Lily is the price taking owner of the apple orchid, which means that the there is only a single firm or company which is Lily, who have the right to set the price on its own as there is no influence of other firms in the market.
Due to which the price of apples is high and leads to earn the positive economic profits. But this could be short term as in the long term, there could be the entry of the new firms in the market, which will influence the price of the apples and lead to decrease in the prices as well.
Why does manufacturing matter to your daily life, even if you don't think about it much?
A. Manufacturing industries produce everything we use.
B. Manufacturing industries transport everything we use.
C. Manufacturing industries import everything we use.
D. Manufacturing industries sell everything we use.
Answer:
A. Manufacturing industries produce everything we use.
Explanation:
The word 'Manufacturing' means production ultimately enabled by man for man.
Manufacturing is the core of the entire economic activity in a nation. Without manufacturing, there will be no service sector, whose main role is to service the manufacturing sector. Both the manufacturing and service sector are 2/3rd constituents of an economic system ( Agriculture being the third ). Hence, we can say that the economic growth of a nation is dependent on the state of Manufacturing sector in the economy.
That's why manufacturing matters to me because Manufacturing industries produce everything we use, on which the entire economy functioning depends.
The correct option is (A) Manufacturing industries produce everything we use.
Manufacturing matters to our daily lives because it produces everything we use, from clothes to electronic devices. Manufacturing creates employment opportunities and contributes to the economy. It plays a crucial role in our daily lives and society.
Explanation:Manufacturing matters to our daily lives because manufacturing industries produce everything we use. From the clothes we wear to the electronic devices we use, manufacturing is responsible for creating the products we rely on. Without manufacturing, we wouldn't have the goods and items that make our lives easier and more convenient.
For example, when you wake up in the morning and put on your clothes, those clothes were manufactured in a factory. The coffee maker you use to brew your morning coffee, the phone you use to check your messages, and the car you drive to school are all produced through the manufacturing process.
Furthermore, manufacturing industries provide employment opportunities and contribute to the economy of a country. They create jobs for people in various sectors, such as production, logistics, and maintenance. Manufacturing also helps stimulate economic growth and development.
In conclusion, manufacturing plays a crucial role in our daily lives by producing the goods we use, creating employment opportunities, and contributing to economic growth.
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A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a(n):_______.A) Disintermediation.B) Abstract and opinion.C) Quitclaim deed.
D) Chain of title.
A chain of title is a chronological record of property ownership and encumbrances used in real estate to verify ownership history.
The correct answer is D) Chain of title.
A chain of title is a comprehensive and chronological record or summary of all the documents and transactions that have conveyed ownership or interests in a specific parcel of real estate over time. It includes all grants, conveyances, wills, deeds, mortgages, leases, and other recorded instruments that pertain to the property. The purpose of a chain of title is to establish and verify the history of ownership and any encumbrances (such as mortgages or liens) on the property.
Here's a breakdown of the components of a chain of title:
1. Consecutive Documents: This part of the chain shows how ownership or interests in the property have passed from one party to another over the years. It typically includes deeds, contracts, and wills.
2. Recorded Liens and Encumbrances: Any recorded claims or encumbrances, such as mortgages, liens, or easements, are documented in the chain of title. This information helps potential buyers or lenders understand any financial obligations or restrictions associated with the property.
3. Present Status: The chain of title also provides information on the current status of the property, such as its current owner and any outstanding liens or encumbrances.
4. Forgeries and Encroachments: While a chain of title includes most recorded information, it does not cover encroachments (physical boundary violations) or forgeries, as these may not be evident from recorded documents.
In summary, a chain of title is a vital document in real estate transactions as it establishes a property's historical ownership and any legal claims or interests associated with it. Buyers, sellers, and lenders rely on the chain of title to ensure a clear and marketable title when transferring or financing real estate.
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Nicole owns and operates two restaurants. The revenue of the first restaurant at time t is f(t) dollars, and the revenue of the second restaurant at time t is g(t) dollars. What does the function F(t) = f(t) + g(t) represent?
A) The total revenue in dollars from both restaurants at time t.
B) The total revenue in dollars from the first restaurant at time t.
C) The total revenue in dollars from the second restaurant at time t.
D) The time t in which the total revenue of the first restaurant is greater than the second.
E) The time t in which the total revenue of both restaurants are equal.
Answer:
A) The total revenue in dollars from both restaurants at time t.
Explanation:
If the revenue from the first resutrant at time t is f(t) and the revenue from the second restaurant at time t is g(t), then the total revenue derived from both resturants at time t is the sum of both f(t) and g(t) which is equal to F(t).
I hope my answer helps you
To produce x units of a religious medal costs Upper C (x )equals 17 x plus 32. The revenue is Upper R (x )equals 25 x. Both cost and revenue are in dollars.
a. Find the break-even quantity.
b. Find the profit from 260 units.
c. Find the number of units that must be produced for a profit of $80.
Answer:
a) 4 units
b) $2048
c) 14 units
Explanation:
Break-even quantity (BEP) is the level of activity that a business must operate to make its total revenue equal to its total cost. At this point, the business makes no profit or loss. It gives an idea of the exact number of units of product to be sold in order to cover its total fixed cost.
Break-even point (BEP) is calculated as follows:
BEP (units) = Total Fixed Costs for the Period/ (SP - VC)
SP- selling price, VC- variable cost per unit
Profit : This is the excess of the total revenue over and above the total cost .
Profit = Total revenue - total cost.
Total revenue = SP × units sold
Total cost = Variable cost + Fixed cost
Total variable cost = VC per unit × units sold
The number of units t achieve a target profit is determined as follows:
Units to achieve profit = (Total fixed cost + Target profit)/(SP - VC)
Now we can apply all these concepts to our question,
From the question, VC per unit= $17, SP per unit= $25, Fixed cost = $32
a) BEP = 32/(25-17) = 4 units
b) Profit from 260 units
Profit = (25 ×260) - ((17 × 260) + 32)
= $6,500- $4,452
= $2048
c) Units to be produced to achieve a profit of $80
Units = (32 + 80)/(25-17)
= 14 units
Suppose the price of a substitute to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs? the equilibrium price of lcd tvs will:_________
a. increase and the equilibrium quantity will increase.
b. not change and the equilibrium quantity will not change.
c. decrease and the equilibrium quantity will increase.
d. increase and the equilibrium quantity will decrease.
e. decrease and the equilibrium quantity will decrease.
Answer:
a. increase and the equilibrium quantity will increase.
Explanation:
If the price of a substitute to lcd televisions rises, the demand for lcd tvs increase. This would lead to an increase in price and equilibrium quantity.
I hope my answer helps you.
Corporation began the year with cash of $ 152 comma 000 and land that cost $ 33 comma 000. During the year Morton earned service revenue of $ 250 comma 000 and had the following expenses: salaries, $ 160 comma 000; rent, $ 73 comma 000; and utilities, $ 30 comma 000. At year-end Morton's cash balance was down to $ 18 comma 000. How much net income (or net loss) did Morton experience for the year?
Answer:
Net loss = $13,000 ( because expenses are greater than revenue)
Explanation:
The net income of an organisation is the positive difference between the service revenue of an organisation and the expenses of the organisation while the net loss is the negative difference between revenue and expenses meaning expenses are higher than revenue.
Net Income= Service Revenue - Expenses
Service Revenue = $250,000
Expenses= Salaries + Rent + Utilities
Expenses = $160,000 + $73,000 + $30,000= $263,000
Net Income (net loss) = $250,000 - $263,000
Net loss = $13,000 ( because expenses are greater than revenue).
Customers who are classified as true believers ________. Group of answer choices are attracted to a company's competitor's deals and offers have needs and wants that do not fit a company's offerings are not very profitable for a company tell others about their good experiences with a company are projected to be less loyal to any brand
Answer:
tell others about their good experiences with a company
Explanation:
Customers who are classified as true believers tell others about their good experiences with a company. This happens because a customer decides to try a product from a specific company and ends up having such a good experience with the product that the individual gains loyalty to that product and company, and later decides to share his/her experience.
Businesses earn profits by converting financial, physical, and labor resources into goods and services that satisfy consumer demands. This statement is:_____A. TrueB. False
Answer:
_A. True
Explanation:
A business makes profits by selling a product or a service at a price higher than it used to acquire it. Customers will accept to buy a product at the price the seller is offering only if the product will add value to the customer. In other words, customers will spend money if the products or services they are buying is providing a solution to their need and wants.
Businesses make money by availing solutions to customer problems at a fee. The fee is the price that customers have to pay to acquire the product and service they need. By offering the product at a higher price than the cost price, a business will make some profits.
Nearly 144 million Americans have general purpose credit cards. Approximately how many of them pay off their bill in full each month?
a) 55 million.b) 90 million.c) 115 million.
Answer:
According to facts and figures, about 55 million people who are using credit cards are paying their bills in full each month. The average family debt in America is $7500. You can find these figures in your book at page number 133.
What is the term used to describe the responsibility of a firm's officers and directors to ensure that adequate measures are in place to minimize the effect of a disaster on the organization's continued viability?
A. Corporate responsibility
B. Disaster requirement
C. Due diligence
D. Going concern responsibility
Answer:
A. Corporate responsibility
Officers and directors of a corporation are legally bound to practice due diligence in carrying out their operations.
What is the best way to dress at work?
Find athletic clothes that demonstrate your workplace energy level.
Pick stylish clothes that present your creativity and individuality.
Find expensive clothes that show a commitment to your work.
Pick neat clothes that present a professional appearance.
Pick neat clothes that present a professional appearance.
Explanation:
Your professional output could be the most essential thing, but your presence always makes your partners, even management, instant impression. While excentricity may be tolerated and included in some contexts, most workplaces are traditional, and you too want to be.
Your work could hang through your threads if your organization has a code of dress you don't stick to.
Proper grooming and professional appearance in the workplace are vital to achieving respect. The way you look and take yourself gives the people you work with an impression.
Your outfit must be plain in nature and should not be freely used. Avoid luxurious accessories and choose simple earrings that complement your clothes. It is advised that you carefully pick the outfit if you are in a creative environment on the job. The small details must be taken into consideration. Consider also plunging necklines and very short skirts.
It may sound silly to look at your professional appearance but it will no longer be a problem if you understand the importance. The goal of the business is not to make the person look but to make him appear bigger. It is therefore best to follow the company policy and dress appropriately.
Answer:
d
Explanation:
At which stage of the creative process does a spontaneous breakthrough occur, allowing all of the previous stages to come together to produce the " factor" or the "light bulb goes on"?
Answer:
Illumination state
Explanation:
The illumination state of the creative process gets its name from the metaphor of a light bulb coming on. It refers to someone being enlightened by a flash of creativity.
Usually creative people (inventors, artists, etc.) are illuminated when they are not actually trying to solve a problem, the term "eureka" is famous because Archimedes used it when he got a new idea for an invention.
"A Registered Investment Adviser publishes a web-based newsletter. He is approached by a marketing firm for a list of the RIA's customers. The marketing firm is not going to pay for the customer list, but has agreed to give the RIA computer equipment that will be used in publishing the RIA's newsletter. This action is:A. permitted because it directly benefits the RIA's customersB. permitted because the SEC permits the payment of ""soft dollars""C. prohibited because the computer equipment qualifies for accelerated depreciation deductions under IRS rulesD. prohibited because the RIA did not get written permission from each client to release their information"
This action is prohibited because the RIA did not get written permission from each client to release their information
Explanation:
A Registered Investment Advisor (RIA) is an entity or company that advises and maintains the portfolios of extremely wealthy individuals on securities. RIAs have a responsibility to provide financial advice that is in the best financial interest of their investors and their clients. They are also under a moral responsibility.
RIA Customer names and addresses are confidential and may not be "sold" or transmitted to another party except with written prior approval of each user. The possibility that the RIA collects computer equipment and not cash paid for providing the customer list does not impact this breach
The RIA cannot release customer information without written permission.
Explanation:The correct answer is D. Prohibited because the RIA did not get written permission from each client to release their information. As a Registered Investment Adviser, the RIA has a responsibility to protect the privacy and confidentiality of their clients' information. Releasing this information without their explicit consent would be a violation of their privacy rights.
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Sally received $50,000 of compensation from her employer and she received $400 interest from a corporate bond. What is the amount of Sally's gross income from these items?
A) $400
B) $50,000
C) $50,400
Answer:
C) $50,400
Explanation:
If Sally received $50,000 of compensation from her employer and she received $400 interest from a corporate bond, then the amount of Sally's gross income from these items is $50,400
Sally's income taxable is not only her employment compensation but also the interest she earns from a corporate bond is subject to income tax.
During _____, the strategic planning groups decide on a strategic direction by defining the company's mission and goals, its external opportunities and threats, and its internal strengths and weaknesses.
Answer:
strategy formulation
Explanation:
Strategy formulation is one of the key purposes of business and organisation meetings. The main purpose of meetings is to decide the company's direction to proceed further. It helps to attain the company's objectives and goals. In strategic formulation, strategic decisions are made to overview the opportunities, threats, weaknesses and strengths. Mostly the higher management, the board of directors and team leaders are called for such meetings.
To form a unit investment trust, a brokerage firm buys a portfolio of securities which are deposited into a trust. The brokerage firm then sells to the public shares, or "units" in the trust, called___________.
Answer:
Redeemable Trust Certificates
Explanation:
A unit investment trust refers to money pooled from various investors which is further invested in a portfolio.
In most of the cases usually a brokerage firm acts as a sponsor to the issue which purchases a portfolio comprising of various securities deposited into the trust.
Then it issues or sells these securities to the public in the form of units. The people who subscribe or buy these securities are referred to as unit holders as the issued securities are referred to as units,
In return, the unit holders are issued redeemable trust certificates which means they can sell these securities as per their requirement. Usually a unit holder would redeem his units when the price of such units is higher than the price at which he had purchased those units.
The _____is a personality assessment model that taps basic dimensions encompassing most of the significant variation in human personality, namely extroversion, agreeableness, conscientiousness, emotional stability, and openness to experience. A) Forte Profile B) Big Five model C) Birkman method D) Myers-Briggs Type Indicator E) Keirsey Temperament Sorter
Answer:
Big Five model
Explanation:
The Big Five model also known as the Five Factor Model (FFM) or Ocean or Canoe model is a way of grouping human behavior/traits. This behavior or traits are subject to relationship between words.
The Ocean or Canoe (OCEAN/CANOE) abbreviation is a combination of the first letters of the words of the the five(big five) traits.
Openness to experience, Conscientiousness, Extroversion, Agreeableness, emotional stability(Neuroticism). It can also be rearranged to form CANOE as well.
This five traits are also affected by the upbringing or family cultures as well. Anyone described with any of the above word is most likely to have attributes that exemplify the meaning of the words.
I hope this helps.
Final answer:
The correct answer is option B: Big Five Model.
The Big Five model is a personality assessment model that encompasses the five basic dimensions of human personality: extroversion, agreeableness, conscientiousness, emotional stability, and openness to experience.
Explanation:
The personality assessment model you have described is the Big Five model. It represents a significant approach to understand variations in human personality by identifying five broad personality traits.
These five traits are:
openness to experience, characterized by imagination and curiosity; conscientiousness, highlighting qualities like self-discipline and organization; extroversion, associated with sociability and assertiveness; agreeableness, indicating a tendency to be cooperative and pleasant; and neuroticism (also known as emotional stability), reflecting the degree of emotional stability and confidence one possesses.These traits are often remembered using the mnemonic OCEAN.
Each of these is measured on a continuum, reflecting the degree to which an individual exhibits these characteristics.
The correct answer to the question is: B) Big Five model