Changes in the capital gains tax rate, or in the tax deductibility on municipal bonds are examples of ________ risk
A) inflation
B) political and regulatory
C) interest rate
D) exchange rate risk
E) none of the above
Answer: B
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Appraisal costs help minimize overall quality costs while maintaining a high quality of output
Indicate whether the statement is true or false
Which governing board performs quality reviews on registered audit firms that audit public companies?
a. PCAOB. b. GAO. c. AICPA. d. FASB.
Central Bank refused to lend Gaines $3,000 unless Bronson, his father-in-law, agreed to act as surety. Bronson agreed. When Gaines was unable to repay the loan, the bank contacted Bronson. Bronson refused to pay, claiming that the bank must first sue Gaines to collect the money. Is Bronson correct?
Answer the following statement(s) true (T) or false (F)
1. The number of cases in a sample is the sample size. 2. If n = 20, and 5 appears 4 times in the variable being examined, the rel. f of 5 for that variable is .25. 3. If n = 20 and f = 4 for the value 2, the relative frequency of 2 is 5. 4. A count of how many times a value and all values below it appears in a variable is the cumulative frequency. 5. A frequency table consists of only simple frequencies.