An example of a profit center is:
A. The accounting department in a manufacturing company.
B. The maintenance department of a university.
C. The furniture department of a retail department store.
D. The human resources department in a hospital.
C
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The dependent variable is also called the response variable
Indicate whether the statement is true or false
Which of the following statements is an example of a futures market transaction?
A) An executive has a portion of his current year salary deferred until he retires. B) An investor purchases 100 shares of IBM hoping to sell it in two years for a profit. C) A company purchases an option to buy 1000 barrels of oil anytime between now and the end of the year. D) A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70 per barrel.