Which of the following statements about hedge funds is not true?
A) They sell shares to wealthy individuals and financial institutions.
B) They charge high management fees.
C) They require a large initial investment.
D) They are exposed to very little risk.
Answer: D
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Jenny is taking notes and facilitating the meeting, making sure the group follows the agenda. What role is Jenny providing?
a. recorder b. secretary c. procedural developer d. coordinator
Which of the following statements regarding amortization is true?
a. Amortization of the premium causes the premium on bonds payable account to increase. b. Amortization of the premium causes the amount of interest expense to increase. c. Cash interest payments on bonds equals interest expense on the income statement when there is amortization of bond premium. d. Amortization of premium continues over the life of the bond until the balance in the account is reduced to zero.
Landis was pleasantly surprised to find a "No Smoking" sign at his favorite pub. He had to limit his visits because he is allergic to cigarette smoke. Now he can visit as often and for as long as he likes. Landis was afraid the sign might hurt the pub's business, but he was pleased to discover how many of the pub's regulars felt the same way he did. The "No Smoking" sign served to:
A. Turn the customers of the pub into productive resources B. Decrease customer participation C. Maintain the drama metaphor D. Enhance customer compatibility E. Allow the customer to co-create the service
Which of the following statements about a tight labor market is true?
A. There is downward pressure on wages in such a market. B. There is reducing pressure for wage increases for sewing machine operators. C. The demand by employers exceeds the available supply of workers. D. The labor markets for word processors and telemarketers have been fairly tight.