Which of the following children's toys offers the best analogy for personal financial management?
A) remote control car
B) pogo stick
C) yo-yo
D) seesaw
E) jack-in-the-box
Answer: D
Explanation: D) The key to successful financial management is balancing income and outgo. If income is on one end of the seesaw and outgo is on the other end, neither end should be tilted very high or very low.
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An external issue to be considered when setting a price is
a. the quality of competing products or services. b. the quality of materials and labor. c. a price geared toward a minimum return on investment. d. the total costs of the product or service.
Assets other than cash are expected to produce cash over time, but the amount of cash they eventually produce could be higher or lower than the amounts at which the assets are carried on the books.
Answer the following statement true (T) or false (F)
Output price risk is:
A) when a change in the commodity market unfavorably affects the price at which a firm can buy their raw materials B) when a change in the commodity market unfavorably affects the price at which a firm can sell their products C) taking two positions whose gains and losses will offset each other D) when a company sells its products abroad and there is an unfavorable exchange rate movement
Section 10(b) of the National Labor Relations Act requires that unfair practice charges must be filed:? A) ?within six months of the occurrence of the alleged unfair practice
B) after a year of the occurrence of the alleged unfair practice.? C) according to the convenience of the aggrieved person.? D) after a notice has been issued by the board stating the date the charge can be filed.