A home loan with fixed monthly payments and the house as collateral most closely represents which of the following bond characteristics?
A. Unsecured and serial.
B. Unsecured and term.
C. Secured and term.
D. Secured and serial.
Answer: D
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Which of the following actions would most likely create an opportunity for fraud?
a. requiring all documents over seven years old be shredded b. requiring that the department manager authorize purchase orders only for purchase amounts for more than $100 c. requiring one password code for each entire department to enter the storeroom d. using a manual accounting system
The following information is available from the Arugula Company: Actual factory overhead $16,800 Actual fixed overhead expenses $ 9,200 Budgeted fixed overhead expenses $ 9,500 Actual hours 3,600 Budgeted hours 3,800 Standard hours allowed 3,500 Standard variable overhead rate per direct labor hour $ 2.25 Assuming that Arugula uses a three-variance analysis of overhead variances, what is the
production-volume variance? a. $800 favorable b. $800 unfavorable c. $500 favorable d. $500 unfavorable
Fuzzy logic is a mathematical method of handling imprecise or subjective information.
Answer the following statement true (T) or false (F)
________ imposed minimum funding standards to guard against underfunded pensions
Fill in the blanks with correct word