A Derivative Is a Financial Instrument Whose Value Is Determined

question 15

Multiple Choice

A derivative is a financial instrument whose value is determined by

• A)a regulatory body such as the FTC.
• B)the value of an underlying asset.
• C)hedging a risk.
• D)speculation.

Appreciate the different means to navigate QuickBooks.

Understand the importance and roles of planning in organizations.

Identify the differences between strategic, tactical, and operational plans.

Recognize the various types of plans and budgets used within an organization.

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Definitions:

Fact Finder

Third party to collective bargaining who reports the reasons for a dispute, the views and arguments of both sides, and possibly a recommended settlement, which the parties may decline.

Work Stoppage

An industrial action in which employees refuse to work as a form of protest, typically to gain concessions from their employer.

Employer-Established System

A framework or set of procedures created by employers to standardize operations, manage employee relations, and ensure regulatory compliance within an organization.

NLRA

The National Labor Relations Act (NLRA) is a foundational statute in United States labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action, including strikes.