If Citibank quoted bid and offer rates for the Swiss franc at $.4850/$.4854, then the bank would be prepared to buy, say, 1 million francs for $485,000 and sell them for $485,400.
a. True
b. False
a. True
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One benefit to some service desks is to have a lab area which may be used for training, simulation of customers' problems, and the development and testing of potential solutions.
Answer the following statement true (T) or false (F)
Revenue and expense accounts at the beginning of the accounting period, and at the end of the accounting period after the post-closing trial balance has been prepared, should have:
a. zero balances. b. positive balances. c. a net balance (credits minus debits) equal to the capital account. d. a net balance (credits minus debits) equal to total assets. e. negative balances.
Sales forecasts for price line classifications within a department are generally based on _____
a. regression models b. simulation c. experimentation d. qualitative techniques
Economic espionage refers to
A. the destruction of a competitor's products or services through physical damage of property or damage to their reputation. B. the collection of trade secrets or other intellectual property from foreign countries or governments. C. the clandestine collection of trade secrets or proprietary information about a company's competitors. D. persuading someone to act in one's favor, typically illegally or dishonestly, by a gift of money or other inducement. E. an illicit payment made to someone who has facilitated a transaction or appointment.