Risk can be assessed by means of scenario analysis and probability distributions

Indicate whether the statement is true or false

TRUE

Business

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Credit money is backed by:

a. gold b. silver c. creditworthiness of the issuer d. creditworthiness of the depository institution e. none of the above

Business

The best measure of the performance of the manager of a profit center is the

a) amount of contribution margin generated by the profit center. b) success in meeting budgeted goals for controllable costs. c) amount of controllable margin generated by the profit center. d) rate of return on investment.

Business