Individuals who buy and sell stock on a very short-term basis as a career are called ________
Fill in the blank(s) with the appropriate word(s).
Answer: day traders
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Which term refers to a detailed description of a situation that trainees analyze and discuss and is designed to develop higher-order thinking skills?
A. a restrictive covenant B. a request for proposal C. an electronic performance support system D. a case study E. an avatar
The three basic accounting elements—assets, liabilities, and owner's equity—exist for every business
Indicate whether the statement is true or false
Developed in 1947, the ______ is the cornerstone of communication models and is still in use today.
A. Channel-Source B. Shannon-Source C. Shannon-Weaver D. Palmer-Shannon
The primary advantages of the average rate of return method are its ease of computation and the fact that:
A) it is especially useful to managers whose primary concern is liquidity B) there is less possibility of loss from changes in economic conditions and obsolescence when the commitment is short-term C) it emphasizes the amount of income earned over the life of the proposal D) rankings of proposals are necessary