______________________________is an anti-fraud service offered by virtually every U.S. commercial bank.
Fill in the blank(s) with the appropriate word(s).
Bank Positive Pay
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Purchases on account are given below:OctoberNovemberDecember30,00040,00050,00055% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.How much will the cash payments for purchases be in November?
A. $35,500 B. $40,000 C. $36,000 D. $34,500
Eduardo tries to look competent by talking about his internship experience during an interview for an accounting job. He is using which type of impression management technique?
A. acquisitive/indirect B. protective/direct C. protective/indirect D. acquisitive/direct
Stock X has a beta of 0.6, while Stock Y has a beta of 1.4. Which of the following statements is CORRECT?
A. Stock Y must have a higher expected return and a higher standard deviation than Stock X. B. If expected inflation increases but the market risk premium is unchanged, then the required return on both stocks will fall by the same amount. C. If the market risk premium declines but expected inflation is unchanged, the required return on both stocks will decrease, but the decrease will be greater for Stock Y. D. If expected inflation declines but the market risk premium is unchanged, then the required return on both stocks will decrease but the decrease will be greater for Stock Y. E. A portfolio consisting of $50,000 invested in Stock X and $50,000 invested in Stock Y will have a required return that exceeds that of the overall market.
Infomercials are
A. a part of specialty advertising. B. those ads that appear only in print media. C. always televised during off-viewing hours. D. ads that use both one- and two-step approaches. E. primarily designed to sell products that are classified as trends.