Which of the following is NOT part of the balance of payments account?
A) the current account
B) the financial/capital account
C) the official reserves account
D) All of the above are BOP accounts.
Answer: D
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Which of the following is the best example of a Type I subsequent event?
a. A related-party transaction occurs during the course of the audit. b. The company defaults on its line-of-credit with the bank subsequent to year end but previous to the release of the audit opinion. c. Litigation that was accrued as a liability in the year under audit is settled subsequent to year-end for an amount in excess of estimates. d. The company initiates an initial public offering subsequent to year-end.
In testing for significant differences between the averages of two variables, two variables should be measured on the same metric scale
Indicate whether the statement is true or false
_______________ can be defined as the system that is used by firms to control and direct their operations and the operations of their representatives, the employees.
a. Corporate culture b. Artifacts c. Corporate governance d. Ethical values
When a person owns corporate stocks, government or corporate bonds, or mutual funds, these are called
A) liquid assets. B) household assets. C) investment assets. D) retirement assets.