A(n) ________ yield curve reflects lower expected future rates of interest

A) upward-sloping
B) flat
C) downward-sloping
D) linear

C

Business

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A daily cash count of register receipts made by a cashier department supervisor demonstrates an application of which of the following internal control principles?

a. Documentation procedures. b. Segregation of duties. c. Establishment of responsibility. d. Independent internal verification.

Business

Payback is best used to evaluate which type of projects?

A. Low-cost, short-term B. High-cost, short-term C. Low-cost, long-term D. High-cost, long-term E. Any size of long-term project

Business