Direct fixed expenses is the operating income generated by a profit or investment center
a. before subtracting common fixed costs that have been allocated to the center
b. include those fixed expenses that can be traced to a profit center
c. include expenses that cannot be traced to the profit center
d. is the difference between actual and budget for a specific revenue or expense

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Because the demand for wheat tends to be inelastic. true or false

The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs