Unlike the owner of a(n) ________ contract, the owner of a(n) ________ contract does not have to exercise it

A) put, call
B) option, futures
C) futures, option
D) long, short


Answer: C

Business

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Robert is hired as a sales representative for a company that manufactures fire extinguishers. His job description reads as follows: "The key duty of the sales representative is to unravel the customer's problems using the company's products"

Which of the following positions would best describe Robert's profile? A) deliverer B) technical salesperson C) missionary salesperson D) order taker E) solution vendor

Business

In one-way analysis of variance, under the null hypothesis, SSx and SSerror come from different sources of variation

Indicate whether the statement is true or false

Business

The responsibility center in which the manager does not have responsibility and authority over costs is the:

A. investment center. B. cost center. C. profit center. D. revenue center.

Business

If merchandise costing $500 is sold on account for $620, how is this transaction recorded when using a perpetual inventory system?

A. Debit Accounts Receivable and credit Sales Revenue for $620; debit Inventory and credit Cost of Goods Sold for $500. B. Debit Accounts Receivable, credit Sales Revenue for $620; debit Cost of Goods Sold, and credit Inventory for $500. C. Debit Accounts Receivable and credit Sales Revenue for $620. D. Debit Cash and credit Sales Revenue for $620; debit Cost of Goods Sold and credit Inventory for $500.

Business