Which statement about exchange-traded funds is true?
A. They usually charge lower fees than mutual funds.
B. They require a minimum initial investment.
C. They are less convenient than a mutual fund.
D. They don't allow investors to spread their risk.
E. You can only buy shares in an ETF at the end of the trading day.
Answer: A
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The journal entry to record $1600 of direct labor and $200 of indirect labor incurred will include debit(s) to the ________.
A) Manufacturing Overhead account for $1800 B) Work-in-Process Inventory account for $1600 and Finished Goods Inventory account for $200 C) Finished Goods Inventory account for $1800 D) Work-in-Process Inventory account for $1600 and Manufacturing Overhead account for $200
Which question should most likely be answered by all companies due to the rapid move toward globalization?
A) How should we eliminate domestic competition? B) Should we diversify in a new business area in the home country? C) Where should we produce or source our products? D) How should we fulfill our environmental obligations? E) Which medium of advertising should we use in our home country?
Any corporation not meeting the requirements for an S corporation is automatically a C corporation
a. True b. False Indicate whether the statement is true or false
Which of the following is true of private mortgage insurance?
A) It generally is required if the borrower makes a down payment of less than 20%. B) It costs $20 to $25 per year. C) It protects the borrower in the event that the lender goes bankrupt. D) It is another name for title insurance.