Which of the following is the best example of trended data?
A) responses from surveys about current fashions and fads collected from 100 teenagers over the period of a weekend
B) responses from surveys about packaged goods brand attributes collected every six months from the same set of 100 parents ages 29-39
C) telephone responses from a direct response television ad aired on different channels at different times over the course of a month
D) comparisons of competitors' sales performance in a single business quarter
E) interview responses that have been adjusted to compensate for bias from the interviewers
B
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Under the classical theory of insider trading liability, Section 10(b) and Rule 10b-5 are violated when a corporate insider trades in the securities of his corporation on the basis of material, nonpublic information.
Answer the following statement true (T) or false (F)
Which of the following statements is false with respect to modified accrual accounting?
A. Expenditures for claims and judgments, compensated absences, pensions and landfill closure and postclosure care costs of governmental funds should be recognized to the extent that the liabilities are going to be paid with available resources. B. Debt service expenditures for principal and interest are recorded when due. This means that debt service expenditures are not accrued, but are recognized and fund liabilities are recorded on the maturity date. C. Many expenditures are accrued, even in governmental funds. D. Generally, expenditures are recorded and fund liabilities are recognized when goods and services are received, but only to the extent that there are resources available in the fund.
The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage
Indicate whether the statement is true or false
Which of the following statements is true if a bond's stated interest rate is the same as the market rate?
A) The bond will be issued at a premium. B) The bond will be issued at par. C) The bond will be issued at a discount. D) The bond will be issued for an amount lower than the maturity value.