Which of the following securities typically trades on a discount basis?
A) Treasury notes
B) Treasury bills
C) Money market funds
D) Certificates of deposit
B) Treasury bills
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What is the method where a combination of performance measures directed toward the company's long- and short-term goals are used as the basis for awarding incentive pay?
A. gainsharing B. merit pay C. profit sharing D. Scanlon plan E. balanced scorecard
During which stage of the consumer decision-making process are evoked sets and evaluative criteria relevant?
A. information search B. purchase decision C. alternative evaluation D. postpurchase evaluation E. problem recognition
Who is most responsible for establishing an ethical climate?
a. top-level executives b. middle-level executives c. lower-level executives d. informal leaders
An American company makes a credit sale of goods to a company in London for 20,000 British pounds. On the date of sale, the exchange rate was $1.60 per pound. However, on the date payment was received, the exchange rate had risen to $1.70 per pound. As a result, the American company would record
A) an exchange gain of $2,000. B) an exchange loss of $200. C) an exchange loss of $2,000. D) no exchange gain or loss.