Shares in the Federal Reserve Banks are owned by
A. the federal government of the United States.
B. banks that are members of the Federal Reserve System.
C. the governments of the states in which they are located.
D. private citizens who own stock in them.
Answer: B
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Which one of the following statements is not accurate about goodwill impairment valuations?
a. Goodwill arising from acquisitions can be netted into one test at the operating segment level, but not netted at the company level. b. Market valuation may be volatile. A temporary decline in market value may not be a good indicator of FMV. c. FMV might not exist, might require independent appraisals by investment bankers or estimates using cash flow and discounted present value factors. d. No assumptions are required about competition, economic development, product placement, and so forth.
An example of a constrained resource that may lead to the need for a sales mix decision is
A) labor hours. B) machine hours. C) a common part/ingredient with limited availability. D) all of these options.
According to the symbolic view, managers have a(n) ________ effect on substantive organizational outcomes.
A. limited B. extensive C. influential D. significant
Using the map and annual volumes shown next to each location, what is the BEST location for a central warehouse that can be used to service all of the locations?
A) Near (2,3) B) Near (3,2) C) Near (3,4) D) Near (4,3)