The expectations theory suggests that the shape of the yield curve reflects investors expectations about future interest rates

Indicate whether the statement is true or false

TRUE

Business

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Which of the following disclosures is not required in the financial statements regarding depreciation?

a. accumulated depreciation, either by major classes of depreciable assets or in total b. details demonstrating how depreciation was calculated c. depreciation expense for the period d. balances of major classes of depreciable assets, by nature and function

Business

As the sales manager of WGASA Corporation, a major West Coast wholesaler, it's up to you to set quotas for each of WGASA's territories. The veteran sales force tends to work autonomously with minimal supervision or required paperwork on activities. Also, salespeople have no opportunity to set prices or margins. With this type of situation you are most likely to use:

a. expense report quotas. b. dollar volume quotas. c. activity quotas. d. all of the above. e. none of the above.

Business