Financial Literacy is the ability to understand how money works in the world around us. There are many different ways to develop financial literacy, but a few of these steps could include setting a budget, set a financial goal, and one of the biggest ones is educate yourself on personal finance. Financial literacy is a very important concept to understand especially in the working world.
Answer:
Section 16(b) of the 1934 Securities Exchange Act provides for recapture by the corporation of all profits realized by an insider from the purchase or sale of corporate stock within a 6 month period.
Explanation:
This section of the 1934 Securities Exchange Act was put in place to uphold fairness and equity in the financial markets. Without its provision, insiders could advantage of privileged information and exploit it for personal gain.
Answer:
Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
Explanation:
This is the best option with the theory of comparative advantage states countries produce goods for which they have a lower opportunity cost. Having resources and talents lower the opportunities cost. When countries do this, it increases economic welfare for all.
Answer:
Quantity discounts can be taken advantage of for large lot sizes.
Explanation:
The EOQ model assumptions:
the order of one item does not intervene with the other.
The order will arrive without delay and with a specific amount of goods.
no losses or damage in transit
The EOQ does not consider the discount for large lot size, their formula does not consider the value of the goods:
Its use: Demand of the good
cost of Setup, or ordering cost.
and Holding cost, the cost of keeping the inventory
There is no variable to account for discounts for order size in this method
Privileged-level access is granted to authorized personnels that could affect the important files, data, network communications, etc. In the provisions of the Information Security and Policy, privileged access may be given to authorized management accounts. However, they still have to follow the guidelines and procedures of the organization.
The answer is letter D.