If investors speculate in the underlying asset rather than in derivative contracts on the underlying asset, they will probably achieve ____ returns, and they are exposed to relatively ____ risk

a. lower; lower
b. lower; higher
c. higher; lower
d. higher; higher


a

Business

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An objective of financial reporting is to reflect economic information concerning a company's cash flows

a. True b. False Indicate whether the statement is true or false

Business

In considering the transnational strategy, Nestle evaluates the limits of decentralization. The closer they are to the consumer in activities such as branding and pricing, the more they tend to decentralize. The more they deal with production and logistics, the more they centralize decision-making. The production and logistics decisions involve ________ activities.

A. downstream B. in its infrastructure C. upstream D. midstream

Business

In the EPQ model, the total annual cost equation is minimized at ______.

a. the point of intersection of the total production and holding cost curves b. the point of intersection of the total setup and holding cost curves c. the point of intersection of the total ordering and holding cost curves d. the point of intersection of the total production and setup cost curves

Business

When an activity accounted for by the General Fund results in issuance of purchase orders or contracts for goods or services a record must be kept, but no journal entries in the General Fund are necessary.

Answer the following statement true (T) or false (F)

Business