The analysis tool that lists products in descending order of their individual dollar contribution to the firm is:
A) decision tree analysis.
B) Pareto analysis.
C) breakeven analysis.
D) product-by-value analysis.
E) product life cycle analysis.
D
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Which of the following is false regarding the use of an audit checklist for disclosures?
a. It is a convenient documentation format. b. It reminds the auditor of matters that should be considered for disclosure. c. It can be organized to include relevant professional guidance. d. It covers all potential unusual circumstances.
In 1977, Congress enacted the No Electronic Theft Act (NET Act) which criminalizes certain
copyright infringements and curbs digital piracy. Indicate whether the statement is true or false
Bob has a $50,000 stock portfolio with a beta of 1.2, an expected return of 10.8%, and a standard deviation of 25%. Becky also has a $50,000 portfolio, but it has a beta of 0.8, an expected return of 9.2%, and a standard deviation that is also 25%. The correlation coefficient, r, between Bob's and Becky's portfolios is zero. If Bob and Becky marry and combine their portfolios, which of the following best describes their combined $100,000 portfolio?
A. The combined portfolio's expected return will be less than the simple weighted average of the expected returns of the two individual portfolios, 10.0%. B. The combined portfolio's beta will be equal to a simple weighted average of the betas of the two individual portfolios, 1.0; its expected return will be equal to a simple weighted average of the expected returns of the two individual portfolios, 10.0%; and its standard deviation will be less than the simple average of the two portfolios' standard deviations, 25%. C. The combined portfolio's expected return will be greater than the simple weighted average of the expected returns of the two individual portfolios, 10.0%. D. The combined portfolio's standard deviation will be greater than the simple average of the two portfolios' standard deviations, 25%. E. The combined portfolio's standard deviation will be equal to a simple average of the two portfolios' standard deviations, 25%.
Common carriers can contract away their liability for damaged goods.?
Indicate whether the statement is true or false