The minimum possible cycle time in a production line is determined by the
A) longest task time.
B) shortest task time.
C) average task time.
D) total task time.
A) longest task time.
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A petty cash custodian should always:
A) maintain supporting documentation for any payment made from the petty cash fund. B) record petty cash expenditures in the company's accounting records. C) prepare the bank reconciliation for the petty cash account. D) sign the checks for items paid from the petty cash fund.
Investing activities include: (a) the purchase and sale of long-term assets, (b) loaning money in return for notes receivable, and (c) the purchase and sale of short-term investments.
Answer the following statement true (T) or false (F)
A ________ is any trade name, symbol, word, logo, design, or device used to identify and distinguish goods of a manufacturer or seller or services of a provider from those of other manufacturers, sellers, or providers.
A. trade secret B. patent C. trademark D. copyright
Treasury securities that mature in 6 years currently have an interest rate of 8.50 percent. Inflation is expected to be 5 percent in each of the next three years and 6 percent each year thereafter. The maturity risk premium is estimated to be 0.10% × (t - 1), where t is equal to the maturity of the bond (i.e., the maturity risk premium of a one-year bond is zero). The real risk-free rate is assumed to be constant over time. What is the real risk-free rate of interest?
A. 5.50% B. 0.50% C. 1.00% D. 1.75% E. 2.50%