Which of the following is a characteristic of random access memory (RAM)?
A) RAM is more easily accessed and searched than hard disk memory.
B) RAM stores memory permanently for use by the central processing unit.
C) RAM refers to a computer's secondary storage area.
D) RAM is volatile storage that is erased when power is turned off or lost.
D
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A property is listed for $110,000. On March 1, the owner accepts a written offer for $105,000, and the closing date is set for June 15. On March 15, it is announced that a new shopping center will be built near the property, and the owner believes that the property is now worth $145,000. Which of the following should determine the amount paid at closing?
A. The amount specified by the accepted offer B. A fair market price, as determined by a certified appraiser C. The original listing price, since that is what the seller thought was fair D. A compromise between the offer and the current value, approximately $125,000
According to the Dodd-Frank legislation, Federal Deposit Insurance Corporation-insured institutions are allowed to have only ________ percent of their capital invested in hedge funds and private equity funds
A) 2 B) 3 C) 4 D) 5