The fair value of an investment is the price that ________
A) existed at the time of acquisition
B) would be received if the company were to sell the investment on the market
C) is always equal to the weighted average cost of the investment
D) is not relevant for trading investments
B
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The brand must demonstrate ________, for it to function as a true point-of-difference
A) clear superiority on an attribute or benefit B) clear profitability to the company C) clear similarity to the attributes of other brands D) technological advances for an attribute or benefit E) exploitation of competitors' weakness
Which of the following is not a difference between job costing for service firms and job costing for manufacturing companies?
A. Service firms' costs are immediately expensed since all work is completed during a period. B. Service firms' finished jobs are charged to Cost of Services Billed instead of Cost of Goods Sold. C. Service firms' overhead accounts have slightly different titles (e.g., Applied Service Overhead). D. Service firms generally use fewer direct materials than manufacturing companies.
If an asset being considered for acquisition has a beta of zero, its expected return will be equal to the risk-free rate.?
Answer the following statement true (T) or false (F)
Which of the following is a consequence of having a global supply chain?
a. reduction in communication problems b. increase in speed of delivery of supplies c. better quality control because of easy supervision d. longer lead times