The value of a futures option is defined as
A) the difference between the option's strike price and its original purchase price.
B) the difference between the option's strike price and the market price of the underlying futures contract.
C) the strike price of the option multiplied by the mark-to-the-market value.
D) the mark-to-the-market value divided by the strike price.
Answer: B
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Common-size statements:
A. Do not emphasize the relative importance of each item. B. Reveal changes in the relative importance of each financial statement item to a base amount. C. Reveal patterns in data across successive periods. D. Show the dollar amount of change for financial statement items. E. Compare financial statements over time.
In the management of a limited liability partnership, ________.
A. management decisions cannot be altered even by agreement B. only some partners have a say in its management C. new partners cannot join without the unanimous consent of the current partners D. the LLP pays income taxes
With the introduction of an individual incentive program, Alexander feels like he is competing with the other members of his team instead of working together with them. While the individual incentive plan could mean more money for some members of the team, most members of the team feel the same way Alexander does. They wish they could go back to working together for a group incentive. Which disadvantage of individual incentives does this illustrate?
A. Many jobs have no direct output B. May motivate undesirable employee behaviors C. Record-keeping burden is high D. May not fit organizational culture E. None of the above
Which of the following is NOT a category of the effect of status systems in groups?
A. Group member’s output quality B. Evaluations by others C. Relationships with other group members D. Group member’s self-esteem