An ________ is an independently owned, online marketplace that connects hundreds to potentially thousands of suppliers and buyers in a dynamic, real-time environment

A) exchange
B) e-distributor
C) e-procurement company
D) industry consortium

A

Business

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The fair value of an investment is the price that ________

A) existed at the time of acquisition B) would be received if the company were to sell the investment on the market C) is always equal to the weighted average cost of the investment D) is not relevant for trading investments

Business

The risk that interest income will increase at a slower rate than interest expense is

A. credit risk. B. political risk C. currency risk. D. interest rate risk. E. liquidity risk.

Business