An exclusion of all products from certain countries or companies by a government or group is called a(n):
A. expropriation
B. quota
C. tariff
D. exchange control
E. boycott
Answer: E
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Select the correct statement.
A. The accounting department normally coordinates the development of the sales forecast. B. The four advantages of budgeting include planning, coordination, performance measurement, and reporting. C. In a participative budgeting system, budget information flows in one direction only, from bottom to top. D. The three major categories of the master budget are operating budgets, capital budgets, and pro forma financial statements.
Successful prospecting requires a strategy.
Answer the following statement true (T) or false (F)
A perceptual map is a tool for identifying the positions of brands in consumers' minds
Indicate whether the statement is true or false
Which of the following is most likely to be true for a portfolio of 40 randomly selected stocks?
A. The riskiness of the portfolio is the same as the riskiness of each stock if it was held in isolation. B. The beta of the portfolio is less than the average of the betas of the individual stocks. C. The beta of the portfolio is equal to the average of the betas of the individual stocks. D. The beta of the portfolio is larger than the average of the betas of the individual stocks. E. The riskiness of the portfolio is greater than the riskiness of each of the stocks if each was held in isolation.