Use the ____ data type for columns that contain letters and special characters and for columns containing numbers that will not be used in calculations
a. CHAR
b. CHARACTER
c. TEXT
d. STRING
a
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When the Federal Reserve makes a loan to a bank at the discount window,
A. the Fed requires that the loan be repaid the next day. B. the interest rate charged by the Fed is equal to the federal funds rate. C. the loan is backed by collateral. D. the Fed requires the bank to buy additional deposit insurance.
13) Which of the following is the primary focus of managerial accounting?
A) providing information that managers need to make operational decisions B) providing historical data to investors and creditors C) providing summarized results of operations D) providing information to comply with laws and regulations of government bodies
To acquire monopoly power in its market, Global Condiments, Inc, sets its prices substantially below the normal costs of production. Under antitrust law, this is A) a per se violation
B) a violation if the firm's competitors set similar prices.? C) a violation if the firm thereby acquires monopoly power. D) not a violation.
You are presented two choices to borrow funds for a significant unexpected expenditure. it will take at least three years to pay off the loan assuming you make more than the minimum payment
Which choice is the least cost alternative in terms of interest paid over the life of the loan? A) A credit card with a variable interest rate of 4 % over the prime rate; for info, the latest forecast is for prime to stay below 5% throughout the life of your loan. B) An interest only balloon payment loan for 3 years with 10% interest, but your monthly payments would be half of those compared to the credit card. C) There is not enough information to make the decision. D) Both A and B are about equal since the interest only payment aspect offsets the slightly higher interest rate on the credit card