Which of the following is a computer programming language developed in the 1960s that is still commonly used for older ("legacy") business applications?
A) C
B) COBOL
C) FORTRAN
D) FOCUS
B
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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but its actual level of activity was 3990 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $36.80? Personnel expenses$30,900? $11.80?Medical supplies 1900? 7.20?Occupancy expenses 9000? 3.30?Administrative expenses 7300? 0.20?Total expenses$49,100? $22.50??Actual results for November: ?Revenue$147,032? Personnel expenses$77,944??Medical supplies$31,460??Occupancy expenses$21,673??Administrative
expenses$7859????The spending variance for medical supplies in November would be closest to: A. $760 F B. $760 U C. $832 F D. $832 U
Which of the following is most likely to occur as you add randomly selected stocks to your portfolio, which currently consists of 3 average stocks?
A. The diversifiable risk of your portfolio will likely decline, but the expected market risk should not change. B. The expected return of your portfolio is likely to decline. C. The diversifiable risk will remain the same, but the market risk will likely decline. D. Both the diversifiable risk and the market risk of your portfolio are likely to decline. E. The total risk of your portfolio should decline, and as a result, the expected rate of return on the portfolio should also decline.
Which of the following observations concerning F.O.B. pricing is FALSE?
A. F.O.B. shipping point pricing complicates the seller's pricing. B. If a firm wants to pay the freight for the convenience of customers, it can use "F.O.B. delivered." C. A firm can use "F.O.B. buyer's factory" if it wants to pay the freight. D. F.O.B. shipping point pricing may narrow the market. E. Typically, it names the place.
An instrument paying a fixed amount in British pounds is not negotiable because the instrument must be payable in money authorized or adopted by the U.S. as part of its currency
Indicate whether the statement is true or false