On Its Web Site,your Bank Posts the Interest Rates It

question 213

Multiple Choice

On its web site,your bank posts the interest rates it is paying on savings accounts.Those posted rates

• A)and a price index are both real variables.
• B)and a price index are both nominal variables.
• C)are real variables,and a price index is a nominal variable.
• D)are nominal variables,and a price index is a real variable

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Definitions:

Indirect Cost

Expenses not directly linked to the production of goods or services, such as rent, utilities, and administrative salaries.

Cost Object

Anything for which cost data are desired. Examples of cost objects are products, customers, jobs, and parts of the organization such as departments or divisions.

traceability Of Costs

The ability to assign direct costs to specific cost objects and to allocate indirect costs accurately.

Merchandise Purchases

The acquisition of goods for resale by a retail or wholesale business, typically finished products bought for resale.