Replacing an outsource vendor, who is integrated into the business, can be done without a lot of expenditure or duplication of effort.
Answer the following statement true (T) or false (F)
False
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If the ratio of currency to transaction accounts is 1, the ratio of nontransaction accounts to transaction accounts is 6, the ratio of retail money-market funds to transaction accounts is 2, the ratio of required reserves to transaction accounts is 0.07, and the ratio of excess reserves to transaction accounts is 0.02, calculate the M1 multiplier and the M2 multiplier.
What will be an ideal response?
Additional paid-in capital represents?
A) ?the value of earnings not paid out as dividends. B) ?the difference between contributed capital and earned capital. C) ?the value of repurchased treasury stock. D) ?the difference between par value and market value .
The FASB has set a hierarchy of inputs to consider in assessing fair value. Which of the following relates to Level 3?
a. Quoted prices for identical items in active, liquid, and visible markets. b. Unobservable inputs to be used in illiquid situations. c. Observable information for similar items in active or inactive markets. d. Unobservable inputs to be used in situations where markets do not exist.
What term is used to describe the process of directing operations to achieve the organization's goals and plans?
A) Supervising B) Control C) Directing D) Planning