Nondeliverable Forwards were originally envisioned as a method of currency speculation, but it is now estimated that 70% of NDFs are trading for hedging purposes

Indicate whether the statement is true or false.


Answer: FALSE

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Which of the following diversity issues is true in the U.S. workforce?

A. Gay and bisexual male workers earn 10 percent to 32 percent more than equally qualified heterosexual counterparts. B. Literacy has ceased to be an issue among American workers. C. The median age of the American worker is at its lowest level in history. D. By 2060, the white population is projected to change from 77.5 percent in 2014 to 68.5 percent, African Americans from 13.2 percent to 14.3 percent, Asians from 5.4 percent to 9.3 percent, Hispanics or Latinos from 17.4 percent to 28.6 percent, and American Indian/Alaskan Native from 1.2 percent to 1.5 percent. E. Workers ages 55 and older are expected to make up over one-half of the labor force in 2024.

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Stu would like to purchase a smart fridge--new technology that alerts you when you are low on staple foods in your refrigerator. He is hesitant, however, because he doesn’t know how useful it would be. He wishes he could use one for a little bit to see if it would be useful. Stu is concerned with ______.

A. compatibility B. complexity C. observability D. trialability

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Which of the following statements is false regarding how the cash flow effects of the changes in the equipment and accumulated depreciation accounts would be reported on a statement of cash flows if the indirect method is used to prepare the operating activities section?

a. Cash proceeds from the sale of the equipment would be reported as a cash inflow in the investing activities section. b. The cash paid to purchase equipment would be reported as a cash outflow in the investing activities section c. Depreciation expense would be added to net income in the operating activities section. d. A loss on the sale of the equipment would be subtracted from net income in the operating activities section

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In spite of high cost, high-value, low-weight goods like high-fashion clothing and parts for the electronics industry are often shipped long distances by

A. pipeline. B. rail. C. truck. D. air. E. water.

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