Treasury stock or treasury shares are shares a firm has previously issued and later reacquired. Reasons for reacquiring outstanding common stock include which of the following?
a. to use in option arrangements, only
b. to invest excess cash, only
c. to defend against an unfriendly takeover bid, only
d. to distribute cash to shareholders in a tax-advantaged way, only
e. to use in option arrangements, to invest excess cash, to defend against an unfriendly takeover bid, and to distribute cash to shareholders in a tax-advantaged way
E
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Which of the following is not an objective of product costing systems?
a. To provide information for cost planning b. To assist in the preparation of the income statement c. To determine the optimal amount of products to manufacture d. To provide information for product pricing
Hotels next to universities experience ________ fluctuations in demand over time and have peak demand that ________.
A. Wide, can never be met B. Wide; can usually be met without a major delay C. Narrow; can usually be met without a major delay D. Wide; regularly exceeds capacity E. Narrow; regularly exceeds capacity
Three key services provided at the application layer include: (1 ) synchronizing the services between a user application and the protocol(s) it may use,
(2 ) ensuring that necessary resources required by an application service are available, and (3 ) ________. A) making sure that end users are receptive B) making sure that the application is licensed C) making sure that email is properly set up D) making sure that the correct communication protocol or service is available to the application
_____refers to how well a product performs its core function.
A. Product line B. Quality level C. Perishability level D. Licensing