What organization played a key role in the development of a solution to the sovereign debt issues challenging the governments of a number of European Union members in 2010 and 2011?

A. WTO
B. IMF
C. U.S. government
D. ECB
E. World Bank

Ans: B. IMF

Business

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Duncan Corp is declared bankrupt. The Royal Bank has a mortgage on its manufacturing plant. Employees have a claim for $1,000 each for unpaid wages. The trustee in bankruptcy's fees are $10,000

An unpaid supplier of steel has a claim for products supplied. Which of the above is a secured creditor? A) The bank B) The employees C) The trustee in bankruptcy D) The steel supplier E) Both B and C

Business

The cost resource variance is the schedule variance due to the difference between budgeted and actual units of resource

Indicate whether the statement is true or false

Business