What is the number of companies underlying the iTraxx index?
A. 50
B. 75
C. 100
D. 125
D
There are 125 investment grade companies underlying iTraxx.
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Answer the following statements true (T) or false (F)
1. Direct labor costs are accumulated in the Manufacturing Overhead account. Process costing is used. 2. The journal entry to record indirect labor costs incurred, but not paid, includes a debit to Manufacturing Overhead and a credit to Wages Payable. Process costing is used. 3. Under a process costing system, direct labor costs are assigned to the Work-in-Process Inventory account of the department for which they are incurred. 4. Under process costing, depreciation on plant machinery is debited to the respective department's Work-in-Process Inventory. 5. When finished products are sold, Sales Revenue is debited, and Cost of Goods Sold is credited. Process costing and the perpetual inventory system are used.
If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4?
A) 26,924 units B) 12,069 units C) 21,875 units D) 38,889 units
A hotel owner is always strictly liable for the safety of a guest's automobile.
Answer the following statement true (T) or false (F)
Bobbi invests a great deal of energy in her job. She focuses closely, finds her tasks so interesting that she loses track of time, and takes a lot of initiative. Bobbi demonstrates a high level of
A. equity appreciation. B. expectancy. C. goal acceptance. D. instrumentality. E. engagement.