Int. Finance Ch. 5 (Test 2) Bank – Concepts only

Kalons, Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under these circumstances?a. Purchase …

National Finance

An “Acceleration” clause most nearly means to speed up payment of an overdue debt. The term, PITI refers to the parts of a mortgage loan payment, which of the following correctly describes PITI, Principal, Interest, Taxes, and Insurance. When a mortgage is paid off, what clause allows the lender to …

Operations Management Chapter 1

1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. FALSE Operation managers are not responsible for promoting goods/services. 2. Often, the collective success or failure of companies’ operations functions will impact the ability of a nation to compete with …

Personal Finance- Chapter 12- Life Insurance Planning

Life insurance An insurance contract that promises to pay a dollar benefit to beneficiary upon the death of the insured person Final expenses One-time expenses occurring just prior to or after death Social security survivor’s benefits Government program benefits paid to a surviving spouse and children Beneficiary Person who receives …