The type of budget that consider standard costs for the actual volume of production is a:

A) standard budget.
B) static budget.
C) flexible budget.
D) fixed budget.


C

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Dosson would respond to people saying “hello” to him by giving them the peace sign (with his index and middle finger). This is an example of a/an:

a. Illustrator b. Adapter c. Affect display d. Emblem

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The Supreme Court of the United States derives its judicial power from the

a. U.S. Constitution. b. U.S. president. c. U.S. Congress. d. state courts.

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Which of the following statements about risk-bearing financial institutions is incorrect?

A) An example of a risk-bearing financial institution is a mutual fund. B) Risk-bearing financial institutions concentrate their investments in a limited number of assets. C) Risk-bearing financial institutions assume the risks of their customers. D) All of the above are incorrect.

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In which of the following cases might an investor receive help from The Securities Investor Protection Corporation?

A) The investor purchased a stock at $40 per share because his broker recommended it. Over the next six months, it fell to $20 per share. B) The investor purchases stock in a company that shortly later was forced into bankruptcy because of accounting fraud. C) The investor holds $100,000 worth of stock in certificate form. The certificates are destroyed in a fire. D) A broker took money sent by investors to cover stock purchases, but never invested it and sent falsified statements to cover the fraud.

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