In forfait transactions the exporter cannot be held responsible if the importer does not pay, i.e. these transactions are without recourse to the exporter. True/False?

(a) True
(b) False


(a) True

Business

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Presented below are selected data from the financial statements of Carnival Corp for 2017 and 2016. 2017 2016 Net income $110,000 $123,000 Cash dividends paid on common stock $42,000 $38,000 Market price per share of common stock at the end of the year $16.00 $13.00 Shares of common stock outstanding 140,000 140,000 The dividend yield ratio for 2017 is

a. 1.9% b. 2.1% c. 36.3% d. 38.1%

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New system development activity controls must focus on the authorization, development, and implementation of new systems and its maintenance. Discuss at least five control activities that are found in an effective system development life cycle

Business

Taking appropriate action on variances includes all of the following except:

a. Ignoring the cause of favorable variances. b. Revising the standard because it was set incorrectly. c. Improving the manufacturing process. d. Looking for new suppliers.

Business

An ________ can never ask for more than the religion requires

Fill in the blanks with correct word

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