Voting members of the FOMC include
A. the seven Federal Reserve governors, the presidents of the Federal Reserve Banks of New York, San Francisco, and Chicago, and the presidents of four other Federal Reserve Banks, on a rotating basis.
B. five of the seven Federal Reserve governors and the presidents of five Federal Reserve Banks on a rotating basis.
C. all of the Federal Reserve governors and the presidents of all Federal Reserve Banks.
D. the seven Federal Reserve governors, the president of the Federal Reserve Bank of New York, and the presidents of four other Federal Reserve Banks on a rotating basis.
Answer: D
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Which of the following is a mechanism that contributes to a measurement-managed company's success?
A. Using mostly "soft" objectives that are not quantifiable. B. Measuring activities of all types. C. Developing the measurement systems without interference from employees. D. Trusting in informal feedback systems. E. Developing alignment between individual, unit, and strategic performance.
How difficult is it for a company to find out if an applicant has a criminal record?
a. Quite difficult; this information is protected for privacy reasons. b. Not difficult at all; the information is easily accessible on the Internet. c. Somewhat difficult; a company must pay substantial fees for a background check, which can be a burden on the hiring process. d. Quite difficult; those with a criminal history are considered a protected class.
Few good industrywide performance measures exist for retailers to be able to make valid performance comparisons
Indicate whether the statement is true or false
When preparing the operating activities section of the statement of cash flows using the direct method, a gain or loss from selling equipment is reported in the operating activities section of the statement of cash flows.
Answer the following statement true (T) or false (F)