Under which of the following options does the Fed offer reserves to banks through a competitive auction process?

A. Term deposit facility
B. Discount lending
C. Quantitative easing
D. Safety vault facility


Answer: A

Business

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George's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $200,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account

information for George's Department Store Calculate George's cost of goods purchased a. $ 90,000 b. $ 84,000 c. $ 117,000 d. $ 103,000

Business

What question do you need to answer in order to identify your specific purpose or thesis statement of your intended message?

a. What do I want to say? b. What is the key message I want my audience to take away? c. Why am I writing this? d. none of the above

Business

The focus of managerial accounting information is on the organization as a whole.

Answer the following statement true (T) or false (F)

Business

The _______ is a jurisdictional test required by due process that looks to see if a person had such associations with a state, did business within the state, and could reasonably have anticipated that it would have to defend itself there

A. effects test B. minimum contacts test C. jurisdictional rule of reason test D. per se test

Business