The banking industry
A) should have an efficiency advantage in gathering information that would eliminate the need for the money markets.
B) exists primarily to mediate the asymmetric information problem between saver-lenders and borrower-spenders.
C) is subject to more regulations and governmental costs than the money markets.
D) all of the above are true.
E) only A and B of the above are true.
D
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Which one of the following is not a procedure in the approval of a specific invoice for payment?
a. The purchase requisition, purchase order, receiving report, and invoice are compared. b. The extensions and footings on the invoice are verified. c. An employee verifies that all of the approval activities have been completed before a check is prepared. d. The purchasing department prepares a voucher to request payment.
Gene Keller, long-time vice president of human resources at VST Corporation, is helping one of his peers, the vice president of marketing, develop information for a potentially game-changing business opportunity-a major program for a worldwide manufacturer. To be considered for this opportunity, VST must demonstrate its ability to staff the program immediately upon award. To estimate VST's ________ labor supply, Gene uses his human resources information system (HRIS) to generate data regarding turnover, terminations, retirements, promotions, and transfers.
A. external B. past C. internal D. future E. marketing
An opinion leader provides information and is viewed as an authority on many spheres of interest for reference-group participants.
Answer the following statement true (T) or false (F)
________ refers to the way(s) you might solve a problem using thinking skills
A) Decision making B) Creative thinking C) Problem solving D) All of the above