The Supreme Court has ruled that for someone to be guilty of insider trading, the person must violate a fiduciary duty not to use the inside information

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Under a standard cost system, when recording the use of direct materials in the production process, the debit to Work-in-Process Inventory is ________.

A) standard quantity for actual production times standard cost per unit of direct materials B) standard quantity for actual production times actual cost per unit of direct materials C) actual quantity times standard cost per unit of direct materials D) actual quantity times actual cost per unit of direct materials

Business

Which of the following is/are elements of a derivative?

a. A derivative has one or more underlyings. An underlying is an observable variable such as a specified interest rate, or commodity price, or foreign exchange rate. b. A derivative has one or more notional amounts. A notional amount is a number of currency units, bushels, shares, or other units specified in the contract. c. A derivative sometimes requires no initial investment. d. Derivatives typically require, or permit, net settlement, which means that when the counterparties settle the derivative contract, one of the contracting parties pays the other the fair value of the contract. e. all of the above

Business

The ability of people to meet deadlines communicates a message about their organizational skills

Indicate whether the statement is true or false.

Business

In the launch phase of product development it is typically the marketing department's responsibility to fill the downstream supply chain

Indicate whether the statement is true or false.

Business