A foreign currency ________ contract calls for the future delivery of a standard amount of foreign exchange at a fixed time, place, and price
A) futures
B) forward
C) option
D) swap
Answer: A
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Which of the following is designed to reflect the formal approval of the voucher for payment?
a. a vendor invoice b. an RFQ c. a payment voucher d. a disbursement voucher
Destiny is getting ready to close her sales call. She assumes the customer will say "yes" so she just asks how many cases they would like shipped. This is an example of the:
A) continuous "yes" close B) trial method close C) summarization close D) assumptive close
Answer the following statements true (T) or false (F)
1. The proportion of the total budget allocated to each task across a project’s life cycle is shown by the activity schedule and the resource schedule. 2. Projections about how much the project will finally cost can be calculated based on the actual cost (AC) of the work performed to date and the earned value (EV) to date. 3. In considering whether we should crash a project, we should accelerate those tasks that will have the most impact on the schedule for the least cost. 4. The slope for each activity gives the combinations of times and costs for a project’s crash options.
The following two proposals are under consideration by an organization: Proposal 1 Proposal 2 Amount to be invested $325,000 $450,000 Total present value of net cash flow $344,500 $418,500 Net Present value $22,500 $(31,500) Determine the present value index for Proposal 1
a. 0.93 b. 1.08 c. 0.94 d. 1.06