Banker's Acceptances Are Used to Finance Only International Trade Receivables

question 68

True/False

Banker's acceptances are used to finance only international trade receivables but not domestic trade receivables.

Understand the concept of opportunity cost in decision-making.

Grasp the calculation and significance of differential cost.

Understand how to calculate and analyze the contribution margin.

Distinguish between direct and indirect costs in various contexts.

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Definitions:

Back Pay

The amount of salary and other benefits that an employee claims to be owed after being unjustly fired or laid off.

Discriminatory Act

Any action that unfairly or unjustly differentiates or segregates individuals or groups on the basis of attributes such as race, gender, age, or sexual orientation.

Disparate Treatment

A form of discrimination where individuals are treated differently based on prohibited factors, such as race, age, or gender, in similar situations.

Prima Facie Case

is a case in which the evidence before a trial is sufficient to prove the position unless contradicted by evidence presented during the trial.