Non-Anglo-American markets are dominated by the "one-vote-one-share" rule
Indicate whether the statement is true or false.
Answer: FALSE
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Country Z is passing through a recession. Which group of economists is likely to believe that a shift of the aggregate demand curve has caused the recession?
A. Keynesians B. Monetarists C. Real Business Cycle theorists D. Neoclassicists
Major supporting points should be backed up with evidence and examples
Indicate whether the statement is true or false.
Which of the following is not true for an operating segment according to U.S. GAAP?
A. Discrete financial information generated by the internal accounting system is available. B. The segment is regularly reviewed by a chief decision maker to make resource allocations. C. The segment recognizes revenues and incurs expenses. D. An organizational unit cannot be an operating segment if all of its operating transactions are only with other segments of the organization. E. The segment is regularly reviewed by a chief decision maker to assess performance decisions.
Which ratio should be examined while analyzing the balance sheet to detect underrecording of accounts payable?
a. Long-term debt/Stockholder's equity b. Warranty expense/Sales c. Current assets/Current liabilities d. Various accrual/Related expenses