The minimum denomination of T-bills is:
A. $25.
B. $50.
C. $100.
D. $500.
E. $1,000.
Answer: C
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One of the most commonly used background checks is the ______ check.
A. criminal background B. reference C. web D. credit
An employee whose regular hourly rate is $10 and whose overtime rate is 1.5 times the regular rate worked 44 hours in one week. In the payroll register, the employer should record wages expense of
A. $60. B. $340. C. $460. D. $400.
Which of the following statements regarding the gray market is true?
A. Gray market goods allow consumers to purchase items for less than they could normally. B. Gray market exchanges occur when the price of an item is the same in both countries where the exchange occurs. C. The gray market is a benefit for manufacturers, but not for consumers. D. The interconnected nature of world economies has made it easier for firms to track gray market exchanges. E. The gray market involves the illegal buying and selling of goods.
An initial public offering (IPO) is characterized by all of the following except that
A) it is the first time offering of stock by a corporation. B) it has the potential to be sold later for a profit in the secondary market. C) it can result in losing the investment. D) it is available to individual investors before institutional investors.