Which of the following is not a derivative?
a. forward foreign exchange contract
b. swap contract
c. forward commodity contract
d. a share of nonconvertible preferred stock
e. Eurodollar future
D
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Bluetooth is considered a _____ technology, because it typically supports a network used by only one person.
A. metropolitan area network B. personal area network C. wide area network D. local area network
The managers of process operations focus on the series of repetitive processes, or steps, resulting in a noncustomized product or service.
Answer the following statement true (T) or false (F)
A postaudit is:
A. An analysis of the capital budgeting method used. B. An analysis of risk changes over the life of an investment. C. An evaluation of a project's actual results versus its projected results. D. A review by outside auditors to assess efficiency. E. An evaluation of the effectiveness of the budgeting committee.
Kreuzer Corporation is using a predetermined overhead rate of $22.30 per machine-hour that was based on estimated total fixed manufacturing overhead of $446,000 and 20,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $409,000 and 18,200 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A. $405,860 B. $37,000 C. $446,000 D. $372,190