Open-end mutual fund companies sell directly to investors and repurchase shares whenever investors wish to sell them

Indicate whether the statement is true or false.


Answer: TRUE

Business

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This is a classification of leadership theories focused solely on the leader’s actions and characteristics.

a. Skill theory b. Task-focused theory c. Leader-centered theory d. Hybrid theory

Business

A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Retained earnings in the process of closing the Income Summary account? (Assume all accounts have normal balances.)   Retained earnings$7750?Dividends 10,850?Revenue 31,000?Rent expense 3100?Salaries expense 7250?Insurance expense 345?Depr. Expense-equipment 520?Accum depr.-equipment 1560?

A. $34,285 credit. B. $21,345 credit. C. $19,785 credit. D. $8935 credit. E. $25,485 debit.

Business

Parent Item A requires two units of Item B and three units of Item C. Upon production of 500 units of Item A, it was calculated that 1,000 units of Item B were used in the production process. This an example of ______.

a. pegging capability b. where-used analysis c. netting analysis d. backflushing

Business

Walmart's global supply chain has been criticized for all of the following except:

A) exploiting labor in underdeveloped countries. B) bribing officials. C) wasting energy. D) failing to be efficient.

Business