Which one of the following is an investment from which the payoff over time is derived from the performance of an underlying asset?

A) a common stock certificate
B) a derivative security
C) a corporate bond
D) a mortgage bond


Answer: B

Business

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A complete record of each transaction in one place is called a(n):

A. Ledger. B. Cash account. C. Trial balance. D. Journal. E. Account balance.

Business

The amount of depreciation expense for the first full year of use of a fixed asset costing $95,000, with an estimated residual value of $5,000 and a useful life of 5 years, is $19,000 by the straight-line method

Indicate whether the statement is true or false

Business

The following values are listed as coefficients of correlation (r). The one that indicates an inverse relationship between the two variables x and y is:

a. 0.0. b. -0.8. c. 0.9. d. 1.3. e. -1.4.

Business

For the following data, the value of SSE = 12.75. Dependent Variable (y) Independent Variable (x) 16 4 17 6 23 2 17 4 ? The coefficient of determination (r2) equals

A. .7651. B. -.7651. C. .5854. D. -.5854.

Business