Which of the following is true about traveler's checks?

A) A traveler's check becomes negotiable upon the first signature by the purchaser.
B) The traveler usually signs the check only once.
C) Traveler's checks are issued without a named payee.
D) The amount of the check is usually filled out by the traveler at the time of use.
E) The traveler is the drawer.


C

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What is an appropriate objective function for this scenario?

The department chair reviewed last year's schedule, the degree requirements for the ever popular Operations and Supply Chain major, and the emails that had drifted into her mailbox over the last week. Naturally, every professor in the department had his own pet course and wanted to maintain control of it while avoiding 8 a.m. classes at all costs. In an effort to placate the senior faculty members of the department, the chair sent an email asking them to supply the prep time for each of the classes they were qualified to teach, promising to assign them the least taxing schedule possible. Each of her department members had to teach at least two courses, but no more than three. The elective courses, Project Management, Quality Management, Control and Planning, Logistics, and Management Science each had to be offered once and the department needed to offer at least six sections of the Introduction to Operations class. The prep times each professor estimated for each course appear in the table below. Intro to Ops Project Mgt Quality Mgt Control Logistics Mgt Science Saba 3 10 12 16 12 7 Geoff 4 19 2 10 8 18 Tim 5 11 4 14 14 3 David 4 11 4 15 17 15 A) Max Z = 3SI + 10SP + 12SQ + 16SC + 12SL + 7SM + 4GI + 19GP + 2GQ + 10GC + 8GL + 18GM + 5TI + 11TP + 4TQ + 14TC + 14TL + 3TM + 4DI + 11DP + 4DQ + 15DC + 17DL + 15DM B) Min Z = 3SI + 10SP + 12SQ + 16SC + 12SL + 7SM + 4GI + 19GP + 2GQ + 10GC + 8GL + 18GM + 5TI + 11TP + 4TQ + 14TC + 14TL + 3TM + 4DI + 11DP + 4DQ + 15DC + 17DL + 15DM C) Min Z = SI + SP + SQ + SC + SL + SM + GI + GP + GQ + GC + GL + GM + TI + TP + TQ + TC + TL + TM + DI + DP + DQ + DC + DL + DM D) Max Z = SI + SP + SQ + SC + SL + SM + GI + GP + GQ + GC + GL + GM + TI + TP + TQ + TC + TL + TM + DI + DP + DQ + DC + DL + DM

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Liquidity preference theory suggests that when bond investors move from short-term securities to long term securities

A) they are expecting short-term rates to fall. B) they are expecting long-term rates to rise. C) they believe that they can earn a higher rate of return over the long term by buying bonds with longer maturities than they could by buying a series of short-term investments. D) they want to be protected from the risk of falling bond prices in the future.

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Workers who are injured at work due to their employer's negligence may collect workers' compensation benefits and sue in tort

a. True b. False Indicate whether the statement is true or false

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The cash conversion cycle (CCC) is defined as ________

A) Inventory Days + Accounts Receivable Days - Accounts Payable Days B) Inventory Days - Accounts Receivable Days - Accounts Payable Days C) Inventory Days + Accounts Receivable Days + Accounts Payable Days D) Inventory Days + Accounts Payable Days - Accounts Receivable Days

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