Tilting your retirement savings plan toward your later years should only be done by investors _____________.
A. who are sufficiently risk averse
B. who are more tolerant of risk
C. who are unsure if their income growth will keep up with inflation
D. who want to retire early
B. who are more tolerant of risk
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Which of the following is a drawback to using a book as a research resource?
A) Few books are professionally reviewed B) Not all books are produced by reputable authors C) Books may become outdated D) Books are less accurate than online content E) Anyone can upload a book for circulation
Answer the following statements true (T) or false (F)
Prior to ARB 38, the accounting procedure for lease payments was to record them as periodic revenues for lessors and as purchases of assets for lessees.
Which of the following statements relating to insurance companies is correct?
a. Under GAAP, the balance sheet of an insurance company is classified by current assets and current liabilities. b. The largest liability on the balance sheet is generally unearned premiums. c. Under statutory accounting practices, real estate, not used in operations, is valued at market value on the balance sheet. d. For long-duration contracts, revenue is recognized when the premium is due from the policyholder.
In a short essay, describe the significant developments in business ethics during the 1960s, 1970s, 1980s, 1990s, and 2000s.
What will be an ideal response?