Money market mutual funds provide attractive competition for bank deposits because
A) their low fees are affordable for almost anyone.
B) they are convenient to purchase and use.
C) their short term, higher returns are generally regarded as practically risk-free.
D) they are fully insured.
E) None of the above are correct.
Answer: C
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Which of the following is a true statement regarding The Gramm-Leach-Bliley Act?
a. The act gives financial institutions the right to share personal information for a profit. b. The act expressly requires financial institutions to protect against identity theft. c. The act allows financial institutions to share personal information, as long as it is not for a profit. d. The act protects confidentiality of customer information.
What are the reasons why managers may avoid imposing discipline?
What will be an ideal response?
Diego is arrested for a theft committed by someone who stole his identity. A court orders his release, but due to a police error in Diego's paperwork, he is held in jail for a month. The police are most likely liable for A) abuse of process
B) false imprisonment. C) malicious prosecution. D) none of the choices.
Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateDirect materials 7.4grams$2.00per gramDirect labor 0.5hours$20.00per hourVariable overhead 0.5hours$7.00per hour?The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour.?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.?The labor rate variance for January is:
A. $1,820 F B. $1,820 U C. $1,666 U D. $1,666 F