Today, there are roughly 18,000 publicly traded stock and bond funds, and for many workers, the prospect of choosing among them is paralyzing

Indicate whether this statement is true or false.

Answer: FALSE

Business

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Streamlining information encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational or structured decisions.

a. true b. false

Business

Of the following statements, if any, which is correct concerning the relationship between the effective interest rate and a nominal interest rate:

a. the effective interest rate is the rate actually paid by the borrower for the use of the money. The nominal interest rate is the rate specified in the note. b. the effective interest rate is the rate the buyer will pay. The nominal rate is the rate named in the loan application. c. the effective interest rate is always lower because the nominal interest rate includes charges other than interest. d. none of the above

Business