Which of the following would be considered an example of a currency swap?

A) exchanging a dollar interest obligation for a British pound obligation
B) exchanging a eurodollar interest obligation for a dollar obligation
C) exchanging a eurodollar interest obligation for a British pound obligation
D) All of the above are examples of a currency swap.


Answer: D

Business

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SetPro Inc, a software firm, collects information about its marketing communication. The firm finds that 60% of the firm's target market is exposed the marketing communication, and 50% of that group is aware of the offering

Amongst the people who are aware of the offering, 70% understand the message. And 60% of that group intends to purchase, and 90% of that group actually does purchase. What is the customer response index for the buying group? A) -1.13% B) 1.13% C) 11.3% D) 90% E) 60%

Business

Judd Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. The allocation base for variable overhead costs is direct labor hours. At the beginning of the year, the static budget for variable overhead costs included the following data:


What is the variable overhead cost variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $15,000 U
B) $15,000 F
C) $3571 U
D) $4687 F

Business

Which is true?

A. Efficient and effective one-person service desks are common and are considered a best practice. B. Small service desks are effective if the service desk has a broad scope of responsibilities. C. Small service desks cannot be world class even if they have satisfied customers. D. Service desks may remain small because they have a low call volume and support stable products.

Business

A discount given to a customer for purchasing a large volume of merchandise is typically referred to as a

a. quantity discount. b. cash discount. c. trade discount. d. size discount.

Business