Trade secrets are an example of which general category of intangible asset that should be recognized separately according to current generally accepted accounting principles?
a. Marketing-related
b. Customer-related
c. Artistic-related
d. Technology-based
D
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Relative to Kenya, Japan has relatively higher economies of large-scale production, an abundance of resources, higher labor costs, and more research and development. The Heckscher-Ohlin theory explains Japan’s comparative advantage over Kenya as the result of differences in countries'
a. economies of large-scale production. b. relative abundance of various resources. c. relative costs of labor. d. research and development.
A firm has a single issue of a zero coupon debt that promises to pay $90 in 4 years, and the A0 = $100, r = 4%, ? = 25%, and ? = 0. If the asset has a 2% chance of total default, what is the value of the debt?
A) $67.10 B) $75.19 C) $85.62 D) $90.00
Interests or instruments that are expressly mentioned in securities acts are ________ securities.
A. common B. statutorily defined C. investment contract D. debenture
_______________ making it difficult to ensure proper board oversight; meanwhile, the lack of accountability for board members who foster executive misbehavior limits incentives to blow the whistle.
a. Executives and directors often spy on each other’s boards and directors b. Executives and directors are often not familiar with the industry and others may employ directors’ firms in a consulting capacity that distracts proper oversight c. Executives and directors often sit on each other’s boards, and directors’ firms may be employed by the CEO’s company in a consulting capacity d. Executives and directors are often not familiar with the industry and others may employ directors’ firms in a consulting capacity that distracts proper oversight