Finance/Agribusiness
Policy
Quantitative
Management
Potpourri
5

Using a futures contract to transfer price risk is called?

Hedging 

5

Industrial wastewater being returned to a river system is an example of a:

Negative externality 
5

What is the probability of rolling two sixes with two six sided dice?

1/36

5

The total cost of inventory is the sum of what two costs?

Ordering cost and carrying cost 

5

What name is given to the electronic markers that enable websites to track whose computer visits them, for how long, and in what sequence?

Cookies

10

Financing, investing, and operating activities are sections found in what financial statement?

Statement of Cash Flows 

10

Which branch implements policy?

Executive Branch 

10

The weighted average of possible returns with the weights being the probabilities of occurrence is referred to as:

Expected Return 

10

What budget estimates the difference between the extra costs and extra returns income lost and costs saved from a change occurring in an enterprise or the current plan?

Partial Budget 

10

Rule 26 in law is also known as 

Initial Disclosures 

15

What rate is considered the bellwether rate for short-term bank commercial loans?

Prime rate 

15
How many appropriations bills must be passed in the budget process?

12

15

If a store raises its price and subsequently total revenue increases, then we can say that demand is.....

inelastic 

15

A business's obligation to pursue policies and actions that benefit society is called_______?

Social responsibility 

15

Amarillo is in the ______ federal district court?

9th 

20

What type of budgeting allocates increased or decreased funds to a department by using the last budget period as a reference point?

incremental 

20

How do you fix a shortage, how do you fix a surplus?

Shortage-Auction 

Surplus-Sales 

20

What term is used in research to denote the selection of a subset of the total population?

Sampling 

20

The act of allowing an individual or team the right an flexibility to make decisions and initiate actions is referred to as?

Empowerment 

20

What bill of right was recently involved in a New Mexico legal controversy?

2nd amendment 

25

What is the payback period of a $5,000 investment that has annual returns of $625?

8 years 

25

What is NOT part of the iron triangle?

Judicial Branch 
25

Linear Regression is most similar to the _____ method of forecasting. 

Trend Projection 

25

The degree to which a job allows the worker to schedule the tasks of the job and to decide how to carry out these tasks is known as?

Autonomy 

25

What is happening this Saturday from 3-6?

Fall Gather 

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