Which of the following is not considered an asset for a family?

A) Cash in a checking account
B) A mortgaged home
C) A leased car
D) Furniture


Answer: C

Business

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In an entity-relationship (E-R) diagram for the OE/S process, you would expect that the word trigger would appear in the diamond showing the relationship between which of the following pairs of entities?

a. CUSTOMER and SALES ORDER b. CUSTOMER and SHIPMENT c. STOCK PICK and SHIPMENT d. SALES INVOICE and SHIPMENT

Business

The constraint for distribution center 1 is:

Due to increased sales, a company is considering building three new distribution centers (DCs) to serve four regional sales areas. The annual cost to operate DC 1 is $500 (in thousands of dollars). The cost to operate DC 2 is $600 (in thousands of dollars.). The cost to operate DC 3 is $525 (in thousands of dollars). Assume that the variable cost of operating at each location is the same, and therefore not a consideration in making the location decision. The table below shows the cost ($ per item) for shipping from each DC to each region. Region DC A B C D 1 1 3 3 2 2 2 4 1 3 3 3 2 2 3 The demand for region A is 70,000 units; for region B, 100,000 units; for region C, 50,000 units; and for region D, 80,000 units. Assume that the minimum capacity for the distribution center will be 500,000 units. Assume that Xij = quantity shipped from distribution i to region j. i = 1,2,3 and j = 1, 2, 3, 4. Assume that Yi = 0 or 1 where i = distribution center 1, 2 or 3. A) X11 + X12 + X13 + X14 - 500y1 ? 0. B) X11 + X12 + X13 + X14D + 500y1 ? 0. C) X11 + X12 + X13 + X14 ? 500. D) X11 + X12 + X13 + X14 ? 500.

Business

A false material statement made by an applicant for insurance is an example of

A) concealment. B) breach of warranty. C) lack of offer and acceptance. D) misrepresentation.

Business

What is the name of the rate currency traders quote in the interbank market to sell foreign currencies?

A) bid-ask spread B) bid rate C) cross rate D) ask rate

Business