Federal agency issues are low-risk securities issued by government agencies but not guaranteed by the U.S. Treasury
Indicate whether the statement is true or false
TRUE
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Departmental reports are useful to management for all of the following purposes EXCEPT
a. planning. b. controlling. c. determining revenues generating potential. d. determining performance potential.
Reasonable restraints of trade are lawful under the rule of reason
Indicate whether the statement is true or false
?As per the payback period method, a project is acceptable to a firm if _____.
A. ?the total cash inflows yield a rate of return more than the expected rate of return from the project B. ?the payback period is longer than the life of the project C. ?there are no cash outflows during the payback period D. discounted value of cash inflows is less than the initial investment? E. ?the payback period is less than the maximum cost-recovery time established by the firm
It is simple to generate a uniformly distributed random number with a minimum and maximum other than 0 and 1. For example, the formula = 150+100
RAND() generates a number uniformly distributed between
A. 100 and 150. B. 150 and 250. C. 50 and 100. D. 50 and 250.