Long-term bonds are ________ than short-term bonds
A) less risky
B) more liquid
C) subject to more uncertainty
D) less sensitive to interest rate changes
Answer: C
Business
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The group of people in an organization who participate in the procurement process is referred to as the ________
A) buyer institution B) buyclass C) buying center D) purchasing hierarchy E) purchasing office
Business
Which of the following statements might be considered poor advice in budgeting?
A) Set realistic budget goals. B) Stick to simple procedures. C) Use the budget primarily as a record-keeping device. D) Use the budget to direct and control expenses.
Business