U.S. GAAP requires firms holding securities available-for-sale to value the securities on the balance sheet after acquisition at
a. an amount based on acquisition cost.
b. market value, with changes in market value of securities held at the end of the accounting period reported each period in income.
c. market value, with changes in market value of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities.
d. market value, with changes in market value of securities held at the end of the accounting period reported each period in retained earnings.
e. present value of future cash flows, with changes in market value of securities held at the end of the accounting period reported each period in retained earnings.
C
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NAFTA and the EU are both
A. greenfield ventures. B. world banks. C. terrorist-monitoring associations. D. monetary funds. E. trading blocs.
According to Hofstede’s Model of National Culture, cultures high on________ value heroes and material rewards.
A. assertiveness B. power-distance C. individualism D. collectivism E. nurturing
Victoria is writing an e-mail message to her colleagues to encourage them to take part in a charitable fund-raiser. Her primary purpose is to ________
A) inform B) promote goodwill C) persuade D) intimidate
Which of the following is true regarding safety and health inspections?
a. inspection sites are always chosen at random b. OSHA has the authority to enter and inspect all workplaces, regardless of employer objections c. in about half of the states, inspections are conducted by state agencies rather than by OSHA d. all of the above e. none of the above