Which of the following cash budget equations is incorrect?
A. Period one ending cash balance = period two beginning cash balance
B. Cash payments + cash receipts = cash requirements
C. Beginning cash + cash receipts = total cash available
D. Cash payments + cash cushion = total cash needed
Answer: B
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An exculpatory clause is generally unenforceable when
a. it attempts to release a party from liability for ordinarily negligent behavior. b. it involves public transportation. c. it is written clearly and in bold, large print. d. the affected activity is a recreational activity.
Which of the following statements about the counterparty to a risk management derivatives contract is correct?
A) The counterparty has the same expectations about future price movements as the risk manager. B) The counterparty charges a fixed fee of $5 per contract. C) The counterparty is in all likelihood a speculator. D) All of the above are correct.
The goal of teamwork is to improve performance by involving employees in meeting customers' needs.
Answer the following statement true (T) or false (F)
What is the standard for pollution control equipment under the 1990 Clean Air Act amendments?
A) Best available technology B) Maximum achievable control technology C) Current available technology D) None of the above