What loophole regarding consumer debts was closed by the bankruptcy reforms passed in 2005?
a. Full exemptions for home, regardless of their size, were reduced to partial exemptions or additional requirements for residency
b. Consumers could no longer declare bankruptcy
c. Consumers had to surrender their homes to the bankruptcy court
d. None of the above
.A
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International investors who hedge against exchange rate risk often use currency forward contracts.
a. True b. False
The introduction of community indifference curves into our trading example focuses attention on the nation's
a. income level. b. resource prices. c. tastes and preferences. d. productivity level.
If the trial balance does not balance, the preparer should check to see if the difference is evenly divisible by 9. If so there may be a transposition
Indicate whether the statement is true or false
Supervision in a computerized environment is more complex than in a manual environment for all of the following reasons except
a. rapid turnover of systems professionals complicates management's task of assessing the competence and honesty of prospective employees b. many systems professionals have direct and unrestricted access to the organization's programs and data c. rapid changes in technology make staffing the systems environment challenging d. systems professionals and their supervisors work at the same physical location