An accounting system is the methods and procedures used to collect, classify, summarize, and report the businesses financial information
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True
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Suppose 1 U.S. dollar equals 1.60 Canadian dollars in the spot market. 6-month Canadian securities have an annualized return of 6% (and thus a 6-month periodic return of 3%). 6-month U.S. securities have an annualized return of 6.5% and a periodic return of 3.25%. If interest rate parity holds, what is the U.S. dollar-Canadian dollar exchange rate in the 180-day forward market?
A. 1 U.S. dollar = 0.6235 Canadian dollars B. 1 U.S. dollar = 0.6265 Canadian dollars C. 1 U.S. dollar = 1.0000 Canadian dollars D. 1 U.S. dollar = 1.5961 Canadian dollars E. 1 U.S. dollar = 1.6039 Canadian dollars
Which of the following risks is related to efficiency of testing?
A. The risk of incorrect acceptance. B. Inherent risk. C. The risk of incorrect rejection. D. None of these.
List and explain the three management skills.
What will be an ideal response?
Which of the following has been the result of consumers drifting away from print and broadcast news?
A) There has been no noticeable change in the media business. B) Subscriptions to satellite radio have skyrocketed. C) Advertisers have increased their traditional efforts in an attempt to lure them back. D) Many media organizations have been offering much of their content online. E) The government has intervened to bail out failing newspapers and television stations.