________ bonds are characterized by interest payments that are required only when earnings are available.

A) Floating rate
B) Income
C) Mortgage
D) Junk


B) Income

Business

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IFRS encourages firms to use the direct method. The result is that firms that follow IFRS rarely use the indirect method of presenting cash flows from operating activities.

Answer the following statement true (T) or false (F)

Business

The Big Mac Index shows that the price of the Big Mac in China converted from the local currency, the yuan, to be $2.18, whereas its price in the United States is $3.73. This shows that:

A) the Big Mac is more popular in China than in the United States. B) the Big Mac is less expensive in the United States than in China. C) the Chinese yuan is overvalued when compared to US $. D) the Chinese yuan is undervalued against the US $. E) beef is less expensive in China than in the United States.

Business

______ is a significant breakthrough in technology that leads to design competition and a new technology cycle.

a. Strategic change b. Discontinuous change c. Technological change d. Incremental change

Business

Simin knows that her résumé will be read by an applicant tracking system (ATS). What should she do to maximize "hits" as her résumé is scanned?

A) Focus on nouns in three categories: job title, technical skills, and certification or experience. B) Incorporate specific keywords and keyword phrases from the advertisement or job description. C) Use variations of the job title. D) All of these choices

Business