All ________ are required to be members of the Fed
A) state-chartered banks
B) nationally chartered banks
C) banks with more than $100 million in assets
D) banks with more than $500 million in assets
B
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Christian, an automobile engineer, is sent on a foreign assignment to Iceland. Initially, Christian is fascinated by the culture and history of the town he lived in. Within a month, he begins to feel disillusioned and discomforted by the differences in norms and values. Which term best describes this phase of Christian's experience?
A. culture shock B. adjustment C. honeymoon D. validation E. recovery
If your after-tax realized real interest rate was 1 percent over the past year and you owned a one-year bond that paid 6 percent interest, what was the inflation rate if your tax rate was 15 percent?
A. 3.95 percent B. 4.1 percent C. 4.25 percent D. 5.0 percent
An error was made in the computation of the stage of completion of the current year's ending work in process inventory. The error resulted in assigning a lower stage of completion to each component of the inventory than actually was the case. What is the resultant effect of this error upon: (1) The computation of equivalent units in total? (2) The computation of costs per equivalent unit? (3)
Costs assigned to cost of goods completed for the period? (1) (2) (3) a. Understate Overstate Overstate b. Understate Understate Overstate c. Overstate Understate Understate d. Overstate Overstate Understate
Which of the following provides the BEST opening line in a persuasive memo asking the company president to provide extra funds for advertising a new cat food line?
a. The purpose of this memo is to request that additional moneys be allocated to continue to advertise the new SmartCat product line. b. If SmartCat has the chance to build awareness, it will help the company exceed this year's sales goals. c. We all can agree that additional advertising funds will help a business grow. d. SmartCat can help you exceed this year's sales goals by 10 percent.