Which of the following would most likely be a period cost?
A) Depreciation on factory lunchroom furniture.
B) Salary of telephone receptionist in the sales office.
C) Salary of a security guard for the factory parking lot.
D) Computer chips used by a computer manufacturer.
B
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Which of the following statements is CORRECT?
A. If the maturity risk premium (MRP) is greater than zero, then the yield curve must have an upward slope. B. Because long-term bonds are riskier than short-term bonds, yields on long-term Treasury bonds will always be higher than yields on short-term T-bonds. C. If the maturity risk premium (MRP) equals zero, the yield curve must be flat. D. The yield curve can never be downward sloping. E. If inflation is expected to increase in the future, and if the maturity risk premium (MRP) is greater than zero, then the yield curve will have an upward slope.
An attention-getting opener is more important in an unsolicited sales letter than in a solicited sales letter
Indicate whether the statement is true or false
A trustee may keep all matters associated with the trust secret
Indicate whether the statement is true or false
Markets in general are considered efficient when
A) Prices adjust rapidly to new information B) There is a continuous market, in which each successive trade is made at a price close to the previous price. C) The market can absorb large dollar amounts of securities without destabilizing the prices. D) all of the above are true.