Corporate "outsiders" may not be held liable for insider trading under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5
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False
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A contract may be written, oral, or implied by customary business practices
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The fit of an MDS solution is commonly assessed by the stress measure. Stress is a goodness-of-fit measure; higher values of stress indicate better fits
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The number of days' payable is determined by dividing
A) the number of days in a year by the payables turnover. B) the number of days in a year by average accounts payable. C) cost of goods sold by average accounts payable. D) inventory by average accounts payable.
Which of the following is not a generally accepted basis for inventory valuation?
a. net realizable value b. variable manufacturing cost c. replacement cost d. acquisition cost e. net realizable value reduced by a normal profit margin