A stock with a beta of 1.3 is less risky than a stock with a beta of 0.42
Indicate whether the statement is true or false.
Answer: FALSE
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The Public Company Accounting Oversight Board (PCAOB) is not responsible for standards related to:
A. Accounting practice. B. Auditing. C. Attestation. D. Quality control over attestation and/or assurance.
An employee earns $5750 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $127,200 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. The employee has $192 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $160 and contributes $80 to a retirement plan each month. What is the amount of net pay for the employee for the month of January? (Round your intermediate calculations to two decimal places.)
A. $4961.50 B. $4567.62 C. $4832.12 D. $4878.12 E. $4521.62
If a principal is disclosed, the agent may be liable to a third party for the principal's nonperformance of a contract.
Answer the following statement true (T) or false (F)
What is the overall effect when a good or service is priced higher than competitors?
A) There will be an implication of higher quality standards. B) There will be greater demand for the product. C) Sales will start slow, but increase over time. D) There will be a larger market size, but smaller profit. E) There will be a smaller market and smaller profit.