Which of the following do banks hold as insurance against the high cost of deposit outflows?
A) Excess reserves
B) Secondary reserves
C) Bank equity capital
D) All of the above
E) Only A and B of the above
A
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If an organization chooses to provide a minimum level of benefits for its employees and prefers to allocate resources fairly, this is an example of ______.
A. distributive justice B. procedural justice C. interactional justice D. all of these
When using the FIFO inventory costing method, the most recent costs are assigned to the cost of goods sold
Indicate whether the statement is true or false
Moral awareness begins with
A. the strength to act. B. personal self-interest. C. self-chosen ethical principles. D. considering whether a decision has ramifications. E. knowing what actions are morally defensible.
Which is Warren Buffett's test for ethics?
a. The Categorical Imperative b. The Front-Page-of-the-Newspaper test c. The Wall Street Journal model d. Ethical Egoism e. None of the above