A certain bank has a pool (portfolio) of 2451 car loans it has made to customers. Each loan in the pool was made for a different amount and for different lengths of time ranging from 12 months to 60 months. This loan pool is displaying which of the following characteristics of a financial intermediary?I. Denomination Divisibility II. Maturity Flexibility III. Credit Risk Diversificationa. I onlyb. I and IIIc. I, and IId. I, II, and IIIe. III only

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Which of the following occupations relate to a skill category of words and literacy