A decision tree graphically depicts
a. the alternative solutions available to solve a problem.
b. cause and effect relationships.
c. how much inventory to keep on hand.
d. the states of nature.
Answer: a. the alternative solutions available to solve a problem.
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Which of the following is NOT true about forward and futures contracts?
A. Forward contracts are more liquid than futures contracts B. The futures contracts are traded on exchanges while forward contracts are traded in the over-the-counter market C. In theory forward prices and futures prices are equal when there is no uncertainty about future interest rates D. Taxes and transaction costs can lead to forward and futures prices being different
When fraud examiners investigate a bankruptcy or divorce resulting from fraud, where do they focus?
a. Activity shortly before the bankruptcy filing or divorce b. Activity after the bankruptcy filing or divorce c. Activity several years prior to the bankruptcy filing or divorce d. Activity throughout the individual's entire life