Which of the following statements concerning pro forma disclosures is not true?
A. The SEC requires these to be presented only when the company has made an unusual asset exchange, or a restructuring of existing indebtedness.
B. They show the effects of major transactions that occur after the end of the fiscal period.
C. They often take the form of summarized financial statements.
D. They show the effects of major transactions that have occurred during the year but are not fully reflected in the company's historical cost financial statements.
Answer: A
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Which of the following is an advantage of organized stock exchanges?
A) providing a continuous market B) screening companies to ensure only low risk stocks are sold C) increased stock price volatility D) Only profitable companies may issue new securities on an organized exchange.
Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 400 students taken from this year's student body showed the following number of students in each classification. Freshmen113Sophomores98Juniors115Seniors74? We are interested in determining whether or not there has been a significant change in the classifications between the last school year and this school year. The p-value is
A. less than .005. B. between .025 and .05. C. between .05 and .1. D. greater than .1.
Which of the following refers to a research methodology that adapts ethnographic research techniques to study the communities that emerge through computer-mediated communications?
a. Survey research. b. Observational research. c. Ethnographic research. d. Sentiment research. e. Netnography research.
Collaborating with other countries in trade
A. leads to increased prices. B. causes countries to produce more varied goods. C. raises the standards of living. D. narrows down the market for managers. E. leads to reduced efficiency.