What are some of the advantages of investing through mutual funds? Name at least three
What will be an ideal response?
Answer: Mutual funds offer professional management and securities selection. They offer a level of diversification that might be too costly for the small or beginning investor to achieve. Mutual funds offer services such as automatic dividend reinvestment and exchange privileges.
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Which of the following statements is true about the business scenario in the Middle East?
A) Business decisions are usually made by correspondence. B) Well-connected businesspeople generally progress faster. C) Business in the Middle East is driven by the price of gold. D) Arab businessmen are known for never entertaining any sort of haggling.
Which of the following is a mode of push marketing communication?
A) sales promotions B) direct marketing C) media advertising D) social media E) channel marketing
Bradley Corporation has three production departments A, B, and C. Bradley Corporation also has two service departments, Administration and Personnel. Administration costs are allocated based on value of assets employed, and Personnel costs are allocated based on number of employees. Assume that Administration provides more service to the other departments than does the Personnel Department. Dept
Direct Costs Employees Asset Value Admin. $900,000 25 $450,000 Personnel 350,000 10 600,000 A 700,000 15 300,000 B 200,000 5 150,000 C 250,000 10 800,000 Refer to Bradley Corporation. Using the step method, what amount of Administration costs is allocated to C (round to the nearest dollar)? a. $389,189 b. $145,946 c. $291,892 d. $72,973
The revenue recognition concept states that revenue should be recorded in the same period as the cash is received
Indicate whether the statement is true or false