Which of the following is/are not true?
a. Securities available-for-sale that a firm intends to sell within one year appear in marketable securities in the current assets section of the balance sheet.
b. Securities not available-for-sale appear in investments in securities in noncurrent assets.
c. Acquisition and disposition of securities available-for-sale are usually investing activities on the statement of cash flows.
d. U.S. GAAP and IFRS require firms to report these securities at fair value on the balance sheet.
e. none of the above
B
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Which of the following statements about the Linton yield is (are) true?
I. It is based on the assumption that a cash-value policy can be viewed as a combination of insurance protection and a savings fund. II. It is the average compound annual rate of return required to make the savings deposits in a life insurance policy equal to the policy's guaranteed cash value at the end of a specified period. A) I only B) II only C) both I and II D) neither I nor II
A U.S. executive had no idea the Japanese go through a very elaborate ritual when exchanging business cards. When he arrived at a meeting in Tokyo, he sat down and tossed some of his business cards across the table at a group of stunned Japanese businesspeople. Due to the U.S. executive's rudeness, the multimillion dollar deal failed. The U.S. executive overlooked the importance of which environmental factor?
A. culture B. demographics C. natural resources D. economic development E. political structure
Which of the following contract subject matters must be evidenced by a writing to be enforceable under the statute of frauds?
A) a contract for the sale of an easement for $75 B) a contract for the sale of a computer monitor for $220 C) a contract for consulting for 6 months @ $10,000 per month plus expenses D) All of the above must be in writing.
____ parallel processing (MPP), used in supercomputers, involves using hundreds or thousands of processors operating together.
A. Mega B. Massively C. Maxi D. Monster