According to the United Nations code of conduct for transnational corporations, if the host country discriminates on the basis of race, sex, or religion, it is ethical for the corporation to do the same
Indicate whether the statement is true or false
FALSE
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Every time one account is increased, another account must be decreased
Indicate whether the statement is true or false
Income from continuing operations includes
a. gain on the sales of used equipment that is replaced in the current year. b. loss from a discontinued operation. c. loss from an earthquake. d. gain on a change in accounting principle. e. loss resulting from prohibitions under new regulations.
Although Hal did not win the drawing for the statewide lottery, which sells thousands of tickets, he is much more confident of winning the drawing for the nationwide lottery, which sells millions of tickets. The reason is that whereas he bought just one ticket for the statewide game, he bought ten tickets for the nationwide one. Hal's reasoning is an example of
A. the ratio bias effect. B. the gambler's fallacy. C. representativeness. D. fundamental attribution error. E. a self-serving bias.
Rational investor's are motivated to purchase an asset because of its
A) expected returns. B) past returns. C) emotional benefits. D) all of the above.