If exchange markets were not efficient, it would pay for a firm to spend resources on forecasting exchange rates

Indicate whether the statement is true or false.


Answer: TRUE

Business

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On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year. Thefirst payment consists of interest of $11,550 and principal repayment of $11,942 . The journal entry to record theissuance of the installment note for cash on January 1 would

include a a. debit to interest expense for $11,550 b. credit to interest payable for $11,550 c. credit to notes payable for $165,000 d. debit to notes payable for $165,000

Business

________ can uncover reasons why employees leave and perhaps set the stage for some of them to return.

A. Exit interviews B. Mock interviews C. Summary dismissals D. Pay satisfaction questionnaires E. Job Descriptive Indices

Business

Social marketing programs take little time to develop and are generally easy to implement

Indicate whether the statement is true or false

Business

Users access the database

a. by direct query b. by developing operating software c. by constantly interacting with systems programmers d. all of the above

Business