If the Fed uses nonborrowed reserves, a reserve aggregate, as a target, an increase in the demand for reserves will result in a(n) ________ in ________
A) increase; nonborrowed reserves
B) decrease; nonborrowed reserves
C) increase; the federal funds interest rate
D) decrease; the federal funds interest rate
C
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The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Checks are signed by designated officers in the finance department
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
In past-focused cultures (Trompenaars), history often plays an active role to help understand the present and change moves _______.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements is true regarding activity-based costing in administration?
A. Activity-based costing for administrative services follows the same four-step procedure described for manufacturing. B. All cost drivers in an administrative system will be time-related. C. The principles of ABC are different when applied to administrative services. D. ABC in administration involves five steps.
Which of the following represents one of the challenges of management?
A. enjoy relatively easy work B. support, coach, and nurture others C. have little influence on organizational outcomes D. have to deal with a variety of personalities