Under the cost price approach, the transfer price is the price at which the product or service transferred could be sold to outside buyers
Indicate whether the statement is true or false
False
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________ is a doctrine that raises a presumption of negligence and switches the burden to the defendant to prove that he or she was not negligent.
A. Res ipsa loquitur B. Negligence per se C. The doctrine of proximate cause D. The doctrine of comparative negligence
Managers frequently cite which of the following reason(s) for using off-balance sheet financing?
a. Some managers believe that it might lower the cost of borrowing. b. Lower borrowing costs might result if lenders ignore off-balance-sheet financing. c. Lower borrowing costs might result if lenders are unaware of off-balance sheet financing: because borrowers do not disclose it. d. Off-balance-sheet financing might lead lenders to set interest rates for loans lower than the underlying risk levels warrant. e. all of the above
Under the Personal Property Security Act of a province, a creditor is required to file a financing statement in order to protect its security interest
Indicate whether the statement is true or false
Which of the following is true of the real risk-free rate of interest?
A. Most experts think that the real risk-free rate fluctuates in the range of 15 to 20 percent in the United States. B. The real risk-free rate must include a component for the average inflation. C. The real risk-free rate is the sum of nominal rate of interest and the average inflation rate. D. It is easy to measure the real risk-free rate precisely. E. It is the rate of interest that would exist on default-free U.S. Treasury securities if no inflation were expected in the future.