Foreign currency options are available both over-the-counter and on organized exchanges
Indicate whether the statement is true or false.
Answer: TRUE
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The marketing group for Bank of America has recently started analyzing the features customers use with ATM cards. This is an example of:
A) coordinating communication cross-functionally B) applying information technology C) a price and distribution system D) developing interpersonal communications
At a train station where lines intersect, the Mumbai dabbawalas perform
A) a forward logistics function. B) a reverse logistics function. C) a milk run. D) a cross-dock function.
Major medical only reimburses for hospital and medical expenses
Indicate whether the statement is true or false
Skoff Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for March. Fixed Element per MonthVariable Element per Container RefurbishedActual Total for MarchRevenue $4,000$130,000Employee salaries and wages$42,700 $1,000$75,600Refurbishing materials $600$18,800Other expenses$37,900 $38,400?When the company prepared its planning budget at the beginning of March, it assumed that 35 containers would have been refurbished. However, 32 containers were actually refurbished during March.?The activity variance for "Refurbishing materials" for March would have
been closest to: A. $2,200 U B. $1,800 F C. $2,200 F D. $1,800 U