A short contract obligates the holder to sell securities in the future
Indicate whether the statement is true or false
TRUE
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Database marketing is ideal when a company does not have direct contact with its customers
Indicate whether the statement is true or false
Which is not one of the five philosophical prepositions of external financial reporting ?
a. External realism b. Subjective judgement c. Insider trading practices d. Commitment to rationalism
Civil laws define wrongs against society
Indicate whether the statement is true or false
Recent maintenance costs of Divers Corporation are listed below: Machine-Hours Maintenance CostsFebruary527 $5,144March499 $5,033April542 $5,220May541 $5,196June489 $4,973July543 $5,200August558 $5,288September513 $5,060 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Using the least-squares regression method, the estimate of the fixed component of maintenance cost per month is closest to:
A. $4,973 B. $5,139 C. $2,806 D. $2,738