For many products and services, the value of owning them increases as the number of owners increases. This is the concept of:
A) trialability.
B) relative advantage.
C) observability.
D) network externalities.
D
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A loss in value of money is called inflation
Indicate whether the statement is true or false
Companies may use a special bank account solely for the purpose of paying employees, by depositing an amount equal to the total employees' net pay into the account each pay period and drawing the employees' payroll checks on the account. This account is a(n):
A. Federal depository bank account. B. Payroll bank account. C. Payroll register account. D. Employee's Individual Earnings account. E. Employees' bank account.
Which is the odd one out in this list of off-balane sheet items?
a. Retained or contingent interests in assets transferred to an unconsolidated entity b. Certain guarantee contracts c. Derivative instruments that are classified as equity d. Board mebmer remuneration schemes
An insurance broker typically works for a single insurance company
Indicate whether the statement is true or false