The Truth In Lending Act requires that all consumer credit agreements disclose the ________ in bold print?
A) Effective Annual Rate (EAR)
B) Annual Percentage Rate (APR)
C) Monthly Stated Rate (MSR)
D) Nominal Interest Rate (NIR)
Answer: B
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The critical values for a two-tailed z-test, given a significance level of 0.05, would be ________
A) -1.65 and 1.65 B) -4.0 or 4.0 C) -1.25 or 1.25 D) -1.71 or 1.71 E) -1.96 and 1.96
List at least three examples of machine learning.
What will be an ideal response?
Under a just-in-time costing system, the journal entry that is recorded when the goods are completed and moved to Finished Goods Inventory is ________
A) Finished Goods Inventory Raw and In-Process Inventory B) Finished Goods Inventory Raw and In-Process Inventory Conversion Costs C) Finished Goods Inventory Conversion Costs D) Raw and In-Process Inventory Conversion Costs Finished Goods Inventory
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can be used by the Cologne Division. The Bottle Division's variable manufacturing cost is $2, shipping cost is $0.10, and the external sales price is $3. No shipping costs are incurred on sales to the Cologne Division, and the Cologne Division can purchase similar containers in the external market for $2.60. Assume the Bottle Division has no excess capacity and could sell everything it produced externally. Using the general rule, the transfer price from the Bottle Division to the Cologne Division would be:
A. $3.00. B. $2.60. C. $2.00. D. $2.10. E. $2.90.