Which of the following is a characteristic of a derivative?
a. has one or more underlyings
b. has one or more notional amounts
c. exchanging of promises with a counterparty
d. require or permit a net settlement
e. all of the above
E
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Answer the following statements true (T) or false (F)
1. Pay for performance compensation plans base employee pay on the number of job-relevant skills or academic degrees they earn. 2. Stock options allow certain employees to buy stock at a future date for a discounted price. 3. Research shows that the cubicle is a motivational environment for most employees. 4. Participating on virtual teams necessarily requires individuals to be available for electronic communication 24 hours a day.
Which of the following statements about the break-even point is true?
A) It is used to determine how many more units need to be sold to increase market share by a specific amount. B) It is a technique used to calculate fixed costs. C) It determines the amount of retained earnings a company will have during an accounting period. D) It is a technique marketers use to examine the relationship between supply and demand. E) It is calculated using contribution per unit costs and total fixed costs.
The salesperson who uses the cold canvass prospecting method usually knows something about the prospect.
Answer the following statement true (T) or false (F)
The Equal Pay Act prohibits pay discrimination based on seniority.
Answer the following statement true (T) or false (F)