Increases in Which of the Following Items from the Fed's

question 55

Multiple Choice

Increases in which of the following items from the Fed's balance sheet will result in decreases in the monetary base?

• A)U.S. Treasury deposits
• B)U.S. Treasury currency outstanding
• C)Federal Reserve float
• D)Discount loans

Recognize the limited application of specialty typefaces in business communication.

Appreciate the importance of restraint and simplicity in document design.

Understand how to objectively measure design elements for effective document creation.

Recognize the effect of paragraph alignment on document formality and readability.

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Definitions:

Variable Costing

A costing method that includes only variable manufacturing costs - direct materials, direct labor, and variable manufacturing overhead - in the cost of a product.

Unit Product Cost

The total cost assigned to a single unit of product, including direct materials, direct labor, and allocated overhead.

Absorption Costing

An approach in financial accounting that wraps all expenses incurred in manufacturing including direct materials, direct labor, and all overhead (variable and fixed), into the product's cost.

Net Operating Income

The total revenue of a business minus its operating expenses, excluding taxes and interest.