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Morning session questions

Guys,
in taking/grading the morning session, I have a few questions:
1. shorthands. Are we allowed to use “mgmt” for “management” and “exp” for “expenses”?
2. Some questions may ask you to agree or disagree with an argument, and present your reasoning if disagreeing. Will points be awarded if the choice of “disagree” is correct, but the reasoning is wrong?
Thanks for your help.

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