In 2014, the __________ announced it considered __________ a __________ virtual currency

a. Wall Street Protection Group, ETF funds, non-negotiable
b. Consumer Financial Protection Bureau, Bitcoin, convertible
c. Internal Revenue Service, Bitcoin, convertible

d. Internal Revenue Service, Gold, non-negotiable


c

Business

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When the periodic inventory system is used, a physical inventory should be taken at the end of the fiscal year

Indicate whether the statement is true or false

Business

In an Activity-On-Node (AON) network, arcs denote activities

Indicate whether the statement is true or false

Business

You observe the following information regarding Companies X and Y: ? -Company X has a higher expected return than Company Y. -Company X has a lower standard deviation of returns than Company Y. -Company X has a higher beta than Company Y. ? Given this information, which of the following statements is CORRECT?

A. Company X has more diversifiable risk than Company Y. B. Company X has a lower coefficient of variation than Company Y. C. Company X has less market risk than Company Y. D. Company X's returns will be negative when Y's returns are positive. E. Company X's stock is a better buy than Company Y's stock.

Business

The goal of the cash conversion period is convert paid-for inventory and accounts receivables into cash as quickly as possible.

Answer the following statement true (T) or false (F)

Business