What is the name for the rate at which the Federal Reserve makes short-term loans to member banks?
A) federal rate
B) discount rate
C) interest rate
D) primary rate
E) reserve rate
Answer: B
Explanation: B) The discount rate is the rate at which the Federal Reserve makes short-term loans to member banks.
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A company uses cash to pay all of the following except
a. all of the options are uses of cash b. interest to creditors c. current expenses d. dividends to stockholders
Debit and credit would best be described as _______ terms
a. abnormal b. increasing/decreasing c. quantitative d. locational
Answer the following statements true (T) or false (F)
1.You must be willing to question the other person’s motives and behavior openly. 2.If we perceive our goals to be at odds, we are more likely to display competitive mind-sets. 3.Healthy relationships depend on the problem-solving abilities of the individuals involved. 4.Support and acceptance encourage trust and honesty. 5.One positive side to digital communication is the potential for each person to reveal the other’s secrets should the relationship turn dark or end.
All of the following statements about teleprospecting are true, EXCEPT?
A. The assessment of business needs and the communication of potential options is required for success in teleprospecting. B. Teleprospecting applies critical sales behaviors, such as listening and attempting to diagnose customer needs. C. Teleprospecting often involves a number of calls and discussions with the lead. D. Similar to telemarketing, teleprospecting also requires the use of a script. E. Teleprospecting requires more sales training than what is traditionally provided to a telemarketer.