Which of the following is true of debt securities?
A) Debt securities entitle the holder to receipt of a share of profit in the form of dividends.
B) Debt securities typically pay interest for a fixed period.
C) Debt securities include preferred stocks.
D) Debt securities represent ownership interests of the investors.
B
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In theory, the CEO hires the consultant to perform an objective analysis of the company's executive pay package and to make whatever recommendations the consultant feels are appropriate; however, in practice, which tends to be the case?
A) Shareholders' interests are often placed secondary to the interests of the CEO. B) This relationship generally leads to a compensation package that is higher than expected. C) This relationship generally leads to a compensation package that is lower than expected. D) This relationship has the potential to promote a conflict of interest.
What caused manufacturing jobs to move from Mexico to China in the late 1990s?
A) Increases in Mexico's cost of living and wages B) Modernization of facilities in China C) Improved international travel abilities D) Increased use of technology in China E) Higher levels of education and professional jobs in Mexico