Aaron takes $100 out of his checking account and puts it in his savings account while Biff withdraws $200 from his money-market mutual fund in the form of cash. The total effect is that M1 ____ and M2 ____.
A. is unchanged; falls by $100
B. is unchanged; is unchanged
C. rises by $100; falls by $100
D. rises by $100; is unchanged
Answer: D
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A company purchased inventory on account. If the perpetual inventory system is used, which of the following choices accurately reflects how the purchase affects the company's financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NANA-+=- NAB.+ -=NA+NANA-NA=NA- OAC.+=++NANA-NA=NA NAD.+=++NANA-NA=NA- OA
A. Option A B. Option B C. Option C D. Option D
Lyle, vice-president of sales for Mi-T Electric, Inc., adheres to Judeo-Christian religious ethical standards. With respect to their application, these standards are
A. absolute. B. analytical. C. discretionary. D. utilitarian.
An ethical organization includes the following traits:
A. Zero tolerance for individual and collective mistakes B. Shared values, goals, and problem-solving mechanisms C. A focus on results over process D. A culture of do what I say, not what I do
Security issues should be a key factor when evaluating outsourcing partners
Indicate whether the statement is true or false