Which of the following represent systematic risks?
I. the president of a company suddenly resigns
II. the economy goes into a recessionary period
III. a company's product is recalled for defects
IV. the Federal Reserve unexpectedly changes interest rates
A) I, II and IV only
B) II and IV only
C) I and III only
D) I, II and III only
Answer: B
Business
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A. unwelcome sexual advances B. discrimination based on gender C. preferential treatment for a particular sex D. undue benefits provided to males E. reasonable accommodation based on gender
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Which of the following accounts has a balance equal to net income immediately before it is closed?
A) Income Summary B) Dividends C) Net Income D) Retained Earnings
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