What social website is one of the easiest ways of connecting with people you don’t know?
a. Facebook
b. LinkedIn
c. Twitter
d. Instagram
c. Twitter
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The corporate officers are responsible for
a. arranging for major loans with banks. b. determining corporate policy. c. carrying out corporate policy. d. appointing the board of directors.
Performance reports allow comparisons between actual performance and budget expectations
Indicate whether the statement is true or false
A transfer price is the price at which goods are exchanged among company divisions
Indicate whether the statement is true or false
You plan to go to Asia to visit friends in three years. The trip is expected to cost a total of $10,000 at
that time. Your parents have deposited $5,000 for you in a Certificate of Deposit paying 6% interest annually, maturing three years from now. Uncle Lee has agreed to pay for all remaining expenses. If you are going to put Uncle Lee's gift in an investment earning 10% over the next three years, how much must he deposit today, so you can visit your friends three years from today? A) $5,801 B) $3,757 C) $3,039 D) $3,345