Which type of mutual fund can be purchased at a premium or discount?
A)
Load fund
B)
No-load fund
C)
Open-end fund
D)
Closed-end fund
D
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A document that can easily be sent to stakeholders that will give them an at-a-glance understanding of who you are, the business, and its potential, is called the ______.
a. business brief b. pitch deck c. business model canvas d. business plan
Southwest U's campus book store sells course packs for $19 each. The variable cost per pack is $12, and at current annual sales of 43,000 packs, the store earns $75,000 before taxes on course packs. How much are the fixed costs of producing the course packs?
A. $203,400 B. $277,980 C. $253,120 D. $226,000 E. $221,480
Ginger attacks Richard and cuts him with a knife. He sues Ginger. The jury awards Richard $50,000 for medical expenses and lost time at work and adds $100,000 to the award because Ginger was so vicious. The $50,000 is called:
a. punitive damages b. compensatory damages c. nominal damages d. an equitable remedy e. none of the other choices
A tool designed to assist you in evaluating the potential effectiveness of controls in a business process by matching control goals with relevant control plans is:
A. ERM B. control plans C. control matrix D. internal controls