________ are financial contracts whose values depend on the values of some underlying asset price
A) Margin calls
B) Derivative securities
C) Tax codes
D) Tax shields
Answer: B
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Which ratio will increase when accounts payable is not recorded?
a. Accounts payable/Inventory b. Quick assets/Current liabilities c. Accounts payable/COGS d. Accounts payable/Total liabilities
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Indicate whether the statement is true or false.
What was the main argument of FASB Interpretation 3?
a. ERISA did not create a pension liability except in the likelihood of plan termination. b. The cost of providing pension benefits should be spread over the remaining service life of employees. c. Pension expense should be computed using any one of five acceptable accumulated benefit methods, regardless of cash contributions. d. The balance sheet should report unfunded vested benefits.
Carmen is comparing how much she works with how much her coworker Alice works. Carmen believes that she works more hours than Alice does but that Alice get paid more. Carmen’s awareness of her inputs and outcomes compared to Alice’s inputs and outcomes is a common theme in ______ theory of motivation.
A. equity B. process C. content D. expectancy