All but one of the following are true statements with regard to suggested guidelines for preparing budget reports. Which is not a true statement?

A. Exception situations should be pointed out.
B. A comparison base should be provided when presenting figures.
C. Interpretation of information should not be provided.
D. Reports should be standardized as much as possible.

C

Business

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Primary advantages of PERT are that it is flexible and easy to use

Indicate whether the statement is true or false

Business

The implied volatilities for strike prices of 1.1 and 1.2 when the time to maturity is 6 months are 20% and 22%. The implied volatilities for strike prices of 1.1 and 1.2 when the time to maturity is 1 year are 18.8% and 20.2%

Using linear interpolation, what is the implied volatility for a strike price of 1.12 and a time to maturity of 10 months? A. 19.24% B. 19.52% C. 20.48% D. 19.96%

Business