A government chooses to impose new regulatory restrictions. This would be what type of project risk?
a. External
b. Cost
c. Schedule
d. Operational
a. External
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Once Starbucks had established its presence in thousands of cities internationally, the company sought to increase the number of purchases by existing customers with a ________ strategy that led to new in-store merchandise, including compilation CDs
and high-speed wireless access. A) product-development B) market-penetration C) diversification D) market-development E) conglomerate
A common technique used to fraudulently misstate financial statements involves the understatement of long-lived assets through undervaluing existing long-lived assets
a. True b. False Indicate whether the statement is true or false
Which of the following facts would require a lessor to classify a lease as an operating lease?
A. Important uncertainties exist about unreimbursable costs yet to be incurred by the lessor. B. No bargain purchase option is provided for by the lease agreement. C. The lease term is 65% of the estimated economic life of the leased property. D. The sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor.
Which of the following is not true regarding capital market research?
a. Studies have found a low correlation between the variability of accounting earnings and beta. b. Studies have found a strong association between accounting-based ratios and the market measure of risk. c. Studies have found that supplemental segment (line of business) disclosures resulted in a revision of systematic risk, indicating that such information is useful for risk assessments. d. At least one study has found that pension information is not useful for risk assessments.