________ smart cards are convenient for transportation services such as an auto-matic toll payment
(a) Contact.
(b) Contactless.
(c) Contact and contactless.
(d) None of the above.
Ans: (b)
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Which of the following is most likely an example of a consumer sales promotion?
A. Free merchandise B. Retail coupons C. Sales contests D. Shelf facings E. Trade advertisements
A bank that draws a check on itself has issued
a. a special indorsement. b. a claim in recoupment. c. a certificate of depsosit. d. a cashier's check.
ABS specializes in repair and maintenance of industrial machines. One repair technician has been assigned to five identical grinding machines for repair and maintenance. The machine breaks down after about 20 hr of use, and breakdowns have a Poisson probability distribution. It takes 6 hr to repair a machine, and repair times follow an exponential distribution. Machine downtime costs the company $250 an hour, and the technician is paid $50 an hour. Determine the cost savings of having two technicians as compared to one technician.
A. $320.50 B. $100.50 C. $162.50 D. $175.00
In the case of a share issue being oversubscribed, excess application monies:
A. will always be refunded to applicants. B. may be used to reduce future amounts owing on allotment if the shares are issued on a pro rata basis. C. must be recorded as revenue in the current financial period. D. must be placed in a trust account until a refund is requested by applicants.