In which industry is a floor plan common practice?
A) Automobile
B) Tech services
C) Entertainment
D) Apparel
A
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An index that measures the average stock prices of small firms in the United States is the
A. Russell 2000 index. B. NYSE index. C. Dow Jones Industrial Average. D. S&P 500.
With foreign direct investment, the owner has a passive role without significant influence or management control
Indicate whether the statement is true or false
Which of the following is not a disclosure for derivatives required under SFAS No. 133?
a. Firms must describe their risk management strategy and how particular derivatives help accomplish their hedging objectives. b. For fair value and cash flow hedges, firms must disclose the net gain or loss recognized in earnings resulting from the hedges' ineffectiveness and the line item on the income statement that includes this net gain or loss. c. For cash flow hedges, firms must describe the transactions or events that will result in reclassifying gains and losses from other comprehensive income to net income and the estimated amount of such reclassifications during the next 12 months. d. The specifics of a model that simulates with a 95 percent or other confidence level the minimum, maximum, or average amount of loss that a firm would incur.
The department within a company that performs the function of selling goods or services is called ________.
A. Finance B. Operations management C. Sales D. Marketing