A bank manager has which of the following concerns?

A) To acquire funds at low cost
B) To minimize risk by diversifying asset holdings
C) To have enough ready cash to meet deposit outflows
D) All of the above


D

Business

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The probability that a project will be completed within a specified period of time can be calculated using the standard normal equation, which is ______.

A. (due date – expected date of completion)/the project’s standard deviation B. (expected date of completion – due date)/the project’s standard deviation C. the project’s standard deviation/(due date – expected date of completion) D. the project’s standard deviation/(expected date of completion – due date)

Business

What is the problem with a goal that lacks the quality of being “aligned”?

a. It will not match the organization’s overall strategies. b. It will not be realistic based on what the manager has assigned. c. It will not be aligned with ethical behavior. d. It will be reachable with incremental gain.

Business

Which of the following categories of employees is generally exempt from overtime pay?

a. executives b. administrative employees c. professional employees d. all of these are exempt

Business

Firm X has an accounts payable period of 38 and a costs of goods sold of $7,500. Calculate the Average payables

A) 780.44 B) 197.37 C) 835.64 D) 217.26 E) 694.61

Business