The APT postulates that other economy-wide factors can systematically affect the returns on a large number of securities. These factors might include all of the following EXCEPT:
A) news about inflation.
B) interest rates.
C) gross national product.
D) unemployment rate.
Answer: C
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Failure to record dividends paid would result in which of the following?
a. Net income being understated b. An increase in total liabilities c. Stockholders' equity being overstated d. Total assets being understated
The total costs that will be transferred into the Finished Goods Inventory account during the current period are
a. $144,768. b. $180,050. c. $164,736. d. $160,080.
What is defined as fundamental premises that individuals hold about themselves and their functioning in the world?
A. core self-evaluation B. self-efficacy C. job involvement D. organizational commitment
Which of the following is not true regarding the revenue-expense approach to defining accounting elements?
a. The revenue-expense approach defines assets and liabilities as a by-product of revenues and expenses. b. Under the revenue-expense approach, the balance sheet is burdened with by-products of income measurement rules. c. Deferred charges and deferred credits are ambiguous debits and credits that appear on the balance sheet under the revenue-expense approach. d. There are very few examples of the use of the revenue-expense approach in recent accounting standards.