Thelma signs a check "pay to the order of Uri" drawn on Thelma's account in Verity Bank. Thelma has $400 in her account but the amount of the check is $500, which the bank pays. This is
A. a dishonored check.
B. an overdraft.
C. a postdated check.
D. a stale check.
Answer: B
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The main advisors of the Chairman of the Federal Reserve Board of Governors are
A. private economists hired as consultants. B. the Council of Economic Advisors. C. the U.S. Treasury Department. D. the directors of the three staff divisions of the Board.
Contrary to popular belief, it is not possible to maximize sales and profits simultaneously
Indicate whether the statement is true or false
Interest margin to average total assets measures:
a. the balance between earning and nonearning assets. b. management's ability to control the spread between interest income and interest expense. c. the ability to borrow successfully. d. the proportion of debt to equity. e. the return on owner's investment.
Which among the following is NOT a reason for increasing the number of sales calls?
A. Increase in servicing requirements B. Increase of cost of goods sold C. Increase of orders placed D. Increase of product lines sold E. Increase of potential future sales