According to the S. Gray, in the values related to accounting,
A. honesty is found through the accounting systems of the most conservative countries.
B. transparency and optimism tend to occur together.
C. optimism and secrecy tend to occur together.
D. transparency and conservatism tend to occur together.
Answer: B
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The Resource Dependence Perspective deals with how organizations manage to get the resources they need from their environment
a. True b. False Indicate whether the statement is true or false
Consider two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.2. Stock B has an expected return of 14% and a beta of 1.8. The expected market rate of return is 9% and the risk-free rate is 5%. Security __________ would be considered the better buy because _________.
A. A; it offers an expected excess return of .2% B. A; it offers an expected excess return of 2.2% C. B; it offers an expected excess return of 1.8% D. B; it offers an expected return of 2.4%
Which of the following statements is true regarding U.S. businesses conducting foreign trade?
A. A weak dollar gives Americans traveling to other countries less buying power but creates opportunities for American global businesses. B. A strong dollar gives Americans traveling to other countries less buying power but creates opportunities for American global businesses C. A weak dollar gives Americans traveling to other countries more buying power but creates disadvantages for American global businesses. D. A strong dollar gives Americans traveling to other countries more buying power and creates opportunities for American global businesses.
If expectations for long-term inflation rose, but the slope of the SML remained constant, this would have a greater impact on the required rate of return on equity, rs, than on the interest rate on long-term debt, rd, for most firms. In other words, the percentage point increase in the cost of equity would be greater than the increase in the interest rate on long-term debt
a. True b. False Indicate whether the statement is true or false