A person engaged in the business of buying and selling securities for others' accounts is called a dealer
Indicate whether the statement is true or false
FALSE
You might also like to view...
When applying retrospective adjustments, current GAAP requires the change to be applied so that it includes
A) only the years disclosed in the currently published financial statements. B) all possible years. C) only the earliest possible date from which it can be applied prospectively. D) retroactive application for up to two years and prospective application for the remainder of the periods.
The city of Cincinnati, California, is an industrial town known for its production of high-quality computers. In addition, the management of an automobile manufacturing plant in Cincinnati, which employs over 2,000 employees, is considering closing and moving its operations to Mexico to save money. Discuss the positive and negative effects of the global economy on Cincinnati, California, and other communities in America.
What will be an ideal response?
Interest cost relating to defined-benefit pension plans represents the
a. increase in projected benefit obligation as a result of recomputing the firm's pension obligation when estimated turnover and other relevant factors related to the pension are reassessed. b. increase in the projected benefit obligation during the year resulting from all factors affecting the projected benefit obligation. c. increase in the projected benefit obligation from the beginning of the year to the end of the year solely due to the passage of time. d. expected return on the plan assets for the year.
A dominant design is more likely to emerge in all of the following conditions EXCEPT:
a. In the presence of strong network externalities. b. When the company engages in an open business model, sharing know-how. c. When new products are based on incremental rather than radical changes. d. Competing companies invest heavily in R&D, creating pressure to select a dominant design. e. All of the above are likely conditions for dominant designs to emerge.