To protect computer systems from e-mail viruses and hoaxes,
a. open attachments and then command your computer to scan them for virus activity.
b. forward questionable messages to the e-mail administrator.
c. forward all emailed warnings to those in your address book just in case the threat is real.
d. keep in mind that unsolicited e-mails with an ".exe" extension are usually safe to open.
B
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Assume that you are the Chase Manhattan Bank of the United States, and you have 1 million Swiss francs in your vault that you will need to use in 30 days. Moreover, you need 500,000 British pounds for the next 30 days. You arrange to loan your francs to Barclays Bank of London for 30 days in exchange for 500,000 pounds today and reverse the transaction at the end of 30 days. You have just arranged a
a. forward contract. b. futures contract. c. spot contract. d. currency swap.
Answer the following statements true (T) or false (F)
1. Journal entries that arise from reconciling items on the book side of the bank reconciliation include either a debit to Cash or a credit to Cash. 2. Cash equivalents are included in the calculation of the cash ratio. 3. A cash equivalent is a highly liquid investment that can be converted into cash in one year or less. 4. Having a cash ratio above 1.0 implies that a company has enough cash and cash equivalents to pay current liabilities. 5.Checking accounts and money market accounts are examples of cash equivalents.
Applause for a speaker occurs during which stage?
a. understanding b. interpreting c. evaluating d. responding
How does the income statement differ from the statement of cash flows?
What will be an ideal response?