A series of equal dollar payments at the end of each period for "x" number of time periods is
A) an annuity.
B) a complex annuity.
C) an annuity due.
D) a deferred annuity.
E) an equal installment annuity.
Answer: A
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If the demand for dollars is greater than the supply of them and the supply of Indian rupee is greater than the demand for them, then the dollar will _____ against the rupee.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a benefit of having a centralized organizational structure?
A) Decisions are made quickly because only a few people need to reach consensus. B) Decisions are made more slowly and carefully because more people are involved in evaluating alternatives. C) Decisions are better informed because employees from the front lines provide their input. D) Decisions take the long term into account because customers and suppliers contribute their perspectives.