Which of the following statements best describes mutual funds?
A) They are illegal in the United States, but popular in Europe.
B) They enable investors to buy many shares of stock in a single firm at a lower cost than using a stockbroker.
C) They provide good investment returns, but insufficient diversification.
D) They enable many investors with limited funds to buy a diversified portfolio.
E) They appeal only to wealthy investors.
D
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Companies can influence the calculation of pension expense by choosing a higher or lower discount rate and/or by choosing a higher or lower expected rate of return on plan assets.
Answer the following statement true (T) or false (F)
The most significant flaw in the classical viewpoint is that it
A. overemphasizes mathematical techniques. B. is impractical in the workplace. C. does not address productivity. D. discounts the importance of human needs. E. does not account for irrational behavior.
Which of the following would probably NOT be in a proposed marketing plan?
A. a list of what company resources (costs) would be required B. a statement of how frequently the design of the website will be changed C. a description of the target market and marketing mix D. expected sales and profit results
Businesses tend to favor arbitration over litigation because it is:
a. cheaper. b. quicker. c. more confidential. d. All of the above