State securities statutes are known as
A. going dark laws.
B. blue sky laws.
C. big country laws.
D. sunshine laws.
Answer: B
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Electronic surveys can be conducted by e-mail or administered on the Internet or the Web
Indicate whether the statement is true or false
Accrual accounting requires frequent, ongoing changes in estimates. Which of the following is/are true?
a. As time passes and conditions change, new information becomes available that causes management to change the estimates required to apply accounting principles. b. Firms do not recalculate revenues and expenses of previous periods to incorporate new information involving estimates. c. Changes in estimates do not always relate to recurring accrual accounting measurements. d. Examples of changes in estimates include the amount of uncollectible accounts and the useful lives of depreciable assets. e. all of the above.
Discuss the purpose of a sinking fund.
What will be an ideal response?
Bonds are sometimes called ________ securities because they pay set amounts on specific future dates
A) variable-income B) fixed-income C) bully D) real