As you near retirement, you should allocate a substantial portion of your portfolio to ________ to reduce volatility
A) stocks
B) bonds
C) real estate
D) gold
Answer: B
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Consider Table 11.1. Concerning the Tuesday quotations: compared to the cost of buying 100 pounds on the spot market, if 100 pounds were bought for future delivery, then in 180 days the dollar cost of the pounds would be
a. $3.40 higher. b. $3.40 lower. c. $6.80 higher. d. $6.80 lower.
In preparing a work sheet, the amounts for the Trial Balance columns are copied from the
a. general journal. b. sales and purchases journal. c. general ledger. d. current chart of accounts.
Forever Jewelers uses the gross method and a perpetual inventory system. On April 2, Forever sold merchandise with a cost of $1,400 for $5,400 to a customer on account with terms of 1/15, n/30. Which of the following journal entries correctly records the sales revenue?
Sarah is the leader of a small research team at a medium-sized corporation. Her team is doing some very innovative work that she believes is important to the company. Sarah’s manager has told her that the company has not been profitable this year and is facing some financial difficulty. As a result, she is told, no one will be receiving annual performance increases in three months. Sarah has chosen not to share this information with her team because she fears that if she does, some of her team members might quit. Sarah is ______.
a. loyal to the organization b. disloyal to her team c. committing an act of commission d. committing an act of omission