A risk averter is someone who
A)
never takes risks.
B)
expects adequate compensation for undertaking risky investments.
C)
limits his or her investments to insured savings accounts.
D)
avoids risk by simply not investing.
B
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Hygeia Health expects to sell 460 units of Product A and 450 units of Product B each day at an average price of $15 for Product A and $33 for Product B. The expected cost for Product A is 38% of its selling price and the expected cost for Product B is 57% of its selling price. Hygeia Health has no beginning inventory, but it wants to have a six-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.)
A) $67,032 B) $66,519 C) $130,500 D) $77,606
The ________ is found by determining the difference between total debits and total credits for an account, including any beginning balance.
Fill in the blank(s) with the appropriate word(s).
Sometimes supplier selection is based on ________, which means a buyer and a seller agree to purchase each other's goods and services even though the terms of the sales may not be the best available
A) requisition B) reciprocity C) customer references D) outsourcing E) reverse marketing
Under a modified wage plan, an employee earns $ 1.00 for each finished unit and is guaranteed $ 8 per hour as a minimum wage. If the daily quota is 70 units, on a particular day when an employee completes 52 units and works 8 hours, the amount of the make-up guarantee will be:
a. $56 b. $0 c. $12 d. $42