A foreign currency trader who works for a bank is assigned a position limit that stipulates the amount of buying and selling that can be conducted in a given currency.

a. True
b. False


a. True

Business

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All of the following influence whether a meeting runs effectively EXCEPT

a. meeting environment. b. meeting topic. c. meeting participants. d. all of these influence whether a meeting runs effectively.

Business

When originally purchased, a vehicle costing $23,040 had an estimated useful life of 8 years and an estimated salvage value of $1600. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals:

A. $5528.00. B. $2680.00. C. $5360.00. D. $2848.00. E. $10,720.00.

Business

Which of the following refers to the process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors?

A) market diversification B) market segmentation C) downsizing D) customer relationship management E) prospecting

Business

Which of the following statements is true of an activity-based costing system?

A) It uses separate predetermined overhead allocation rates for each activity. B) It is not as accurate or precise as traditional costing systems. C) It accumulates overhead costs by processing departments. D) It is not as complex or as costly as traditional systems.

Business