Which of the following is not required for counter-controlled repetition?
a) final value
b) initial value
c) sentinel
d) increment
Ans: (c)
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Suppose the M1 multiplier is currently 1.95 and the M2 multiplier is currently 8.03. If the ratio of retail money-market mutual funds to transaction accounts increases, the M1 multiplier will ____ and the M2 multiplier will ____.
A. not change; increase B. increase; also increase C. decrease; also decrease D. increase; not change
Sam contracted with Roadies Garage for customized pink seat covers on a new Porsche intended as a gift to his fiancé. Two days before the delivery was due, Sam broke off his engagement and told Roadies Garage that he was no longer interested in getting the seat covers. Which of the following is the most reasonable course of action that Roadies Garage can take?
A. It should sell the uncompleted covers for their scrap or salvage value. B. It should start a line of pink seat covers so that they have more to sell. C. It should complete manufacture anyway and hope that Sam changes his mind. D. It should coerce Sam into buying the covers.
Katrina performs data analysis all day. She places each page of new data on the left side of her computer terminal. After she enters the data, she places the page face-down on the right side of her terminal. Katrina’s job has a(n) _______ design.
A. mechanistic B. organic C. biological D. perceptual-motor E. departmental
Which of the following statements is CORRECT?
A. Preferred stock is normally expected to provide steadier, more reliable income to investors than the same firm's common stock, and, as a result, the expected after-tax yield on the preferred is lower than the after-tax expected return on the common stock. B. The preemptive right is a provision in all corporate charters that gives preferred stockholders the right to purchase (on a pro rata basis) new issues of preferred stock. C. One of the disadvantages to a corporation of owning preferred stock instead of owning bonds is that 50% of the preferred dividends received represent taxable income to the corporate recipient, whereas none of the interest received from bonds is taxable income to the corporate recipient. D. One of the advantages for a firm financing with preferred stock is that 50% of the dividends the firm pays may be deducted from its taxable income. E. A major disadvantage of financing with preferred stock is that preferred stockholders typically have supernormal voting rights.