Many Universities Have Begun Conducting a Variety of Academic and Athletic

question 88

Multiple Choice

Many universities have begun conducting a variety of academic and athletic summer camp programs for elementary school, middle school, and high school students. These programs utilize the space in classrooms, dormitories, and other facilities that would otherwise be unused during the summer months. In addition, the programs generate revenue for the universities and promote them to prospective students. These new opportunities are possible because during the summer, the universities have excess:

• A) Capital.
• B) Capacity.
• C) Cash flow.
• D) Inventory.
• E) None of these.

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Definitions:

Limit Order

Order that puts a ceiling or floor on a security purchase or sale.

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account.

Insider Trading

Use of material nonpublic information about a company to make investment profits.

Sensitive Information

Data that must be protected due to its confidential nature, such as personal identification or financial details.