A nontariff barrier (NTB) includes all of the following except:
A) quotas.
B) discriminatory procurement policies.
C) restrictive administrative policies.
D) restrictive technical regulations.
E) ad valorem duty.
E
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Which of the following is not a key type of evidence that the auditor needs to examine with respect to pensions and postemployment benefits?
a. Whether the actuarial firm hired by management is independent, capable, and objective. b. The appropriateness of the actuarial firm's work. c. The reasonableness of significant interest rate assumptions. d. The length of illnesses that pension recipients contract.
Variations that follow a pattern are called ______.
A. cyclic variations B. random variations C. predictable variations D. irregular variations
The Jackson Company has just paid a dividend of $3.00 per share on its common stock, and it expects this dividend to grow by 10 percent per year, indefinitely. The firm has a beta of 1.50; the risk-free rate is 10 percent; and the expected return on the market is 14 percent. Which of the following is the required rate of return as per the capital asset pricing model (CAPM) approach??
A. ?9 percent B. ?12 percent C. ?7 percent D. ?16 percent E. ?18 percent
Define design planning. How does it differ from operational planning?
What will be an ideal response?