A Margin Call Is When

question 37

Multiple Choice

A margin call is when:

• A) it looks like you are in danger of running through your money, and your broker forces you to sell your stock and use the money to pay back your loan.
• B) the market reaches a tipping point, and the financial bubble bursts.
• C) prices on future values of a stock are forecasted to be lower than current prices.
• D) prices on future values of a stock are forecasted to be higher than current prices.

Discuss the impact of globalization on developing countries and the global economy.

Understand the role and influence of corporations in the Canadian economy.

Define oligopoly and its examples in the current market scenario.

Explain the deskilling thesis and its criticisms.

---

Definitions:

Direct Labor-hours

The total hours worked by employees directly involved in the manufacturing process or producing a service, often used as a basis for allocating overhead costs.

Direct Materials

Raw materials that can be directly associated with the production of specific goods or services.

Standard Cost Card

A document that lists the expected costs of materials, labor, and overhead associated with producing a particular product or performing a service.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard quantity allowed, multiplied by the standard cost per unit.