Traditionally, tables have been prepared showing how long IRA funds will last based on rates of return and annual withdrawal rates. These tables, however, assume constant returns over the projection period

Many financial planners are now using a technique that allows for fluctuations in market returns. A computer is programmed to estimate how long funds will last under many different return scenarios and to determine the probability that funds will last until a specified age. This technique is called
A) decision-tree analysis.
B) sensitivity analysis.
C) computer simulation.
D) cost-benefit analysis.


Answer: C

Business

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______________________________ is the accumulation of data on current inventories, sales commitments, planned production and excess production capacity or other planned production capacity that could be quickly converted to production of the desired finished goods necessary to fulfill a sales order request

Fill in the blank(s) with correct word

Business

The statement of cash flows is notuseful for

a. planning future investing and financing activities b. determining a company's ability to pay its debts c. determining a company's ability to pay dividends d. calculating the net worth of a company

Business

Why are category specialists sometimes called category killers? 

A. They have a broad merchandise mix and shallow assortment. B. They carry mainly technologically obsolete merchandise. C. They are located at stand-alone sites. D. They are often located close to full-line discount stores and discount stores that offer a deep assortment of merchandise. E. They can dominate a category of merchandise making it difficult for other retailers to compete.

Business

Harry, the CEO of a small company, introduces his second address to his Board of Directors by reminding them of how he tripped walking to the podium the last time he gave this speech. This is an example of using a(n) ______ to capture the audience’s attention.

a. inappropriate joke b. quotation c. surprising statement d. anecdote

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