Workgroup information systems that support a particular department are called personal information systems

Indicate whether the statement is true or false

FALSE

Business

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Milliken, Inc. provides the following information

Actual Sales Static Budget Flexible Budget Sales Volume Variance Sales Revenue $560,000 $535,000 $450,000 ? Calculate the sales volume variance. A) 25,000 F B) 25,000 U C) $85,000 U D) $110,000 F

Business

The price of a 3-year zero coupon government bond is 85.16. The price of a similar 4-year bond is 79.81. What is the yield to maturity (effective annual yield) on the 4-year bond?

A) 4.6% B) 5.5% C) 5.8% D) 6.7%

Business