Which of the following is not a disclosure for derivatives required under SFAS No. 133?
a. Firms must describe their risk management strategy and how particular derivatives
help accomplish their hedging objectives.
b. For fair value and cash flow hedges, firms must disclose the net gain or loss recognized
in earnings resulting from the hedges' ineffectiveness and the line item on the income statement that includes this net gain or loss.
c. For cash flow hedges, firms must describe the transactions or events that will result
in reclassifying gains and losses from other comprehensive income to net income
and the estimated amount of such reclassifications during the next 12 months.
d. The specifics of a model that simulates with a 95 percent or other confidence level the minimum, maximum, or average amount of loss that a firm would incur.
D
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Which of the following is a total dollar measure of liquidity?
a. accounts receivable turnover ratio b. cash to cash operating cycle c. number of days' sales in inventory d. working capital
Describe how disparate impact differs from overt discrimination in the hiring process.
What will be an ideal response?
The tort of emotional distress:
a. involves conduct that is so outrageous that it creates severe mental or emotional distress in another person b. involves private information c. involves confidential medical information d. causes the plaintiff to suffer a mental breakdown e. none of the other choices
Compare and contrast black-box and white-box modeling
What will be an ideal response?