Which item below is not a characteristic of an exchange-traded fund?
A)
Investors can use margin to buy them.
B)
Their portfolios are changed frequently in response to market conditions.
C)
They have very low expense ratios.
D)
They may be more tax efficient than other types of funds.
B
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Merchandise on consignment is not included in the inventory of the company holding the merchandise
Indicate whether the statement is true or false
The Premium on Bonds Payable account is a(n):
A. Revenue account. B. Equity account. C. Adjunct liability account. D. Contra asset account. E. Contra revenue account.
Leading involves
A. inspiring people to contribute their ideas. B. motivating workers to come to work and execute top management's plans. C. mobilizing people to engage fully in their work. D. analyzing day-to-day situations and involving workers in all decisions. E. both mobilizing and inspiring people to engage fully in their work and contributing their ideas.
Decisions relating to "what stages of the industry value chain to participate in" determine a firm's
A. geographic scope. B. level of diversification. C. competitive strategy. D. vertical integration.