On timeline, the present is represented as

A) time sub n
B) time zero
C) time sub i
D) time 1


Answer: B

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Firms with a geocentric predisposition have a ________ culture.

A. home country B. regional C. host country D. global

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U.S. GAAP requires firms holding debt and equity securities, as well as derivatives, as trading securities to value the securities on the balance sheet after acquisition at

a. an amount based on acquisition cost. b. market value, with changes in market value of securities held at the end of the accounting period reported each period in income. c. market value, with changes in market value of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities. d. present value of future cash flows, with changes in present value of future cash flows of securities held at the end of the accounting period reported each period in income. e. present value of future cash flows, with changes in present value of future cash flows of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities.

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The Department of Homeland Security is an example of a federal administrative agency

Indicate whether the statement is true or false

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Mike casts unwarranted doubts on Nina, a co-worker, to gain a job promotion. This is unethical

A. only if Mike is caught. B. only if Mike gets the promotion. C. under any circumstances. D. under no circumstances.

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