The American Express Card is an example of a bank credit card
Indicate whether the statement is true or false
FALSE
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One of the objectives of the segregation of duties is to
A) make sure that different people handle different parts of the same transaction. B) ensure that no collusion will occur. C) make sure that different people handle different transactions. D) achieve an optimal division of labor for efficient operations.
An investment will pay $289,940 at the end of next year for an investment of $190,000 at the start of the year. If the market interest rate is 9% over the same period, should this investment be made?
A) No, because the investment will yield $82,840 less than putting the money in a bank. B) Yes, because the investment will yield $66,272 more than putting the money in a bank. C) Yes, because the investment will yield $74,556 more than putting the money in a bank. D) Yes, because the investment will yield $82,840 more than putting the money in a bank.