Which of the Following Problems Would Most Likely Be Solved

question 260

Multiple Choice

Which of the following problems would most likely be solved with a program (that is, using programmed decision making) ?

• A)Should this convict be granted parole?
• B)Which candidate should we choose to be vice-president of marketing?
• C)In which part of the country should we locate our new business?
• D)How many workers should we call out to staff the assembly line next week?
• E)Should we merge with this company or not?

---

Definitions:

Call Premium

The amount by which the call price of a bond or preferred stock exceeds its face value or issue price.

Par Value

The face value of a bond or stock as stated by the issuing company, typically not indicative of market value.

Call Price

The price at which a callable bond or security can be redeemed by the issuer before its maturity.

Negative Covenants

Provisions in a loan agreement that restrict certain actions of the borrower to protect the lender's interests.