Mutual funds provide the following for their shareholders.
A. diversification
B. professional management
C. record keeping and administration
D. all of these options
D. all of these options
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Insider trading is considered patently fair and ethical because it encourages employees to work hard to get access to company information.
Answer the following statement true (T) or false (F)
The U.S. GAAP requires firms using LIFO to disclose in notes to the financial statements
a. the amounts by which inventories based on FIFO or current cost exceed their amounts as reported on a LIFO basis. b. the amounts by which inventories based on LIFO exceed their amounts as reported on a FIFO or current cost basis. c. the amounts by which inventories based on LIFO exceed their amounts as reported on a specific identification or current cost basis. d. the amounts by which inventories based on specific identification or current cost exceed their amounts as reported on a LIFO basis. e. none of the above
What is the probability that there are no vehicles in the system?
In a bank drive-through, there is a single service window and room only for two cars to line-up to wait for service. The mean time between arrivals for drive through customers is 5 minutes. The mean time to complete a customer transaction is 3 minutes. The number of arrivals is distributed according to a Poisson distribution and the service times are exponentially distributed.
Refer to the scenario above. What is the earliest start time for activity H?
A) Week 14 B) Week 15 C) Week 16 D) Week 17