Which of the following is true of the master budget?

A) Monthly budgets are derived by dividing the master budget by 12
B) Fixed costs cannot change from one month to another
C) Variable costs cannot change from one month to another
D) The master budget can reflect seasonal effects
E) None of these


D

Business

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All of the following statements about PKI are true except:

A. the term PKI refers to the certification authorities and digital certificate procedures that are accepted by all parties. B. PKI is not effective against insiders who have a legitimate access to corporate systems including customer information. C. PKI guarantees that the verifying computer of the merchant is secure. D. the acronym PKI stands for public key infrastructure.

Business

Which of the following states has traditionally been considered attractive for incorporation?

A. New York B. Iowa C. California D. Delaware

Business

A company introduced the Funday film to compete with lower-priced brands, but it found many of its regular customers bought Funday instead of its usual, higher-priced film. The company experienced ________

A) an upward line stretch B) a product line contraction C) disintermediation D) cannibalization E) filling in

Business

Fidelity bonds include all of the following except:

a. Contingent Blanket Bond. b. Name Schedule Fidelity Bond. c. Blanket Position Bond. d. Primary Commercial Blanket Bond.

Business