As a general statement, it is safe to say that businesses generally use the ________ for foreign currency option contracts, and individuals and financial institutions typically use the ________
A) exchange markets; over-the-counter
B) over-the-counter; exchange markets
C) private; government sponsored
D) government sponsored; private
Answer: B
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An appropriate mix of evidence for a low risk client could include 20% tests of details, 40% analytics, and 40% tests of controls; an appropriate mix of evidence for a high risk client could include 60% tests of details, 20% analytics, and 20% tests of controls
a. True b. False Indicate whether the statement is true or false
How does a group differ from a team?
A. Teams are usually formed of a large number of people. B. Teams hold their members individually accountable for achieving performance improvements. C. Groups do not require their members to interact. D. Groups do not necessarily perform as a unit. E. Teams usually do not require their members to agree on a common goal to be achieved.
The rate used to discount projected merger cash flows should be the overall cost of capital of the new consolidated firm because it incorporates the actual capital structure of the new firm.
Answer the following statement true (T) or false (F)
Creating and maintaining customer relationships is associated with which of the key supply chain processes?
a. Customer relationship management b. Customer service management c. Order fulfillment d. Returns management