Which of the following is NOT an advantage of futures contracts?
A) They are inexpensive compared to customized forward contracts.
B) They trade on exchanges rather than over the counter.
C) Features such as contract size and expiration date are standardized.
D) The size and commodity can always be perfectly tailored to form a perfect hedge.
Answer: D
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Which of the following is a phase of the joint FASB and IASB conceptual framework project?
A) going-concern assumption B) mixed attribute measurement C) elements and recognition D) period of time assumption
Which telephone interview method involves phoning a sample of respondents and asking them a series of questions with the interviewer using a paper questionnaire to record the responses with a pencil?
A) traditional telephone B) in-home C) computer-assisted telephone interviewing (CATI) D) Internet
Which of the following statements defines “empowering leadership”?
A. It is the practice of delegating power that motivates employees and inspires them to achieve goals. B. It distributes influence among organizational leaders to achieve organizational goals. C. It uses behavior-focused and natural reward strategies to achieve organizational goals. D. It is a process whereby people intentionally influence their thinking and behavior to achieve their objectives.
________ are infrequently purchased consumer products with unique characteristics for which buyers are willing to make a special purchase effort
A) Shopping products B) Unsought products C) Specialty products D) Industrial products E) Line extensions