Which of the following is true about Steve Cohen, the founder and owner of SAC Capital?
a. He was banned from trading securities for life.
b. He was accused of insider trading in a civil suit.
c. He was an aggressive trader, but he was never fired.
d. He is under criminal indictment.
.B
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Skimming involves
a. stealing cash from an organization before it is recorded b. Stealing cash from an organization after it has been recorded c. manufacturing false purchase orders, receiving reports, and invoices d. A clerk pays a vendor twice for the same products and cashes the reimbursement check issued by the vendor.
One of the distinguishing features of the Australian labor relations systems since the 1980s has been:
A. The number of union mergers and amalgamations B. A trend toward voluntarism C. Frequent strikes D. Growing union density rates
A buyer failed to take advantage of the vendor's credit terms of 1/10, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is:
A. 10.4% B. 10.6% C. 6.6% D. 13.4% E. 9.0%
Which of the following statement is FALSE about the expected value approach to make decisions under risk?
a. It assumes that the decision maker is rational and will choose the optimum decision with the highest expected value. b. It ignores the elements other than monetary profits. c. It takes irrational factors into consideration. d. It ignores factors such as quality of life or the current monetary status of the decision maker.