________ exposure deals with cash flows that result from existing contractual obligations
A) Operating
B) Transaction
C) Translation
D) Economic
Answer: B
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A company received a bank statement with a balance of $6,100. Reconciling items included a bookkeeper error of $400—a $400 check recorded as $800—two outstanding checks totaling $810, a service charge of $24, a deposit in transit of $270, and interest revenue of $21. What is the adjusted bank balance?
A) $5,205 B) $5,160 C) $4,757 D) $5,560
Lila Miller who works for a large software firm is four months pregnant and is due for a promotion
However, her employer offers the promotion to Harry Oswald, a less-experienced candidate, as Lila would go on maternity leave soon and would be unable to perform her duties. Which of the following is true of this scenario? A) Lila's employer is not liable for disparate-treatment discrimination. B) Lila's employer is liable for disparate-impact discrimination. C) The employer was justified in denying Lila the promotion. D) Lila's employer may have violated Title VII of the Civil Rights Act of 1964.
Michael Porter (1980, 1985) suggested that factors such as initial capital requirements, the threat of price-cutting by established firms and the level of product differentiation represent _______ for new-firm entrants into markets.
a. Barriers to entry b. Opportunities c. Market ideas d. Threats
The tort of false light imposes liability if the matter in question is objectionable to a reasonable person, but is not necessarily defamatory
a. True b. False Indicate whether the statement is true or false