Certified checks become stale after two years from the date of their issue

Indicate whether the statement is true or false


FALSE

Business

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Lisa's opportunity cost rate is 10 percent compounded annually. How much must she deposit in an account today if she wants to receive $3,200 at the end of each of the next 12 years? Use the equation method to determine the amount to be deposited today.

A. $17,226 B. $14,868 C. $23,252 D. $18,725 E. $21,804

Business

Which of the following accounting methods is used to account for controlling interest investments?

A) equity method B) acquisition method C) consolidation method D) discounted cash flow method

Business

When a firm introduces a new product at a relatively low price because it hopes to reach the mass market, it is following a _____ strategy. The low price is designed to capture a large share of a substantial market and produce lower production costs.

A. penetration pricing B. price-insensitive demand C. price-skimming D. price elasticity E. cost bundling

Business

Consumers must re-register every three years in order to stay on the National Do Not Call Registry

Indicate whether the statement is true or false

Business