Which of the following acts limits the salaries of executives whose companies received Troubled Asset Relief Program (TARP) funds?
A. Basel III Accord (2010)
B. Emergency Economic Stabilization Act of 2008
C. Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)
D. Wall Street Transparency and Accountability Act
E. Securities and Exchange Commission Act
Answer: B
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The carrying value of a bond issued at a premium is calculated at any given point in time by adding the balance of the unamortized premium to the bond's face value
Indicate whether the statement is true or false
The difference in total costs between two alternatives is referred to as the
a. incremental cost. b. sunk cost. c. opportunity cost. d. direct cost.
Compare each of the following to determine which one accurately describes a joint venture.
A. a contractual arrangement where a foreign firm agrees to manufacture products for a domestic firm B. an arrangement in which a domestic firm actively manages a foreign company or overseas facilities C. an arrangement where a domestic firm partners with a foreign company to create a new entity, thus allowing the domestic firm to enter the foreign company's market D. a contractual arrangement in which a fee is paid to have the right to open a business using the parent company's business name and to receive marketing and operational support E. a legal process in which one firm pays to use or distribute another firm's resources, including products, trademarks, patents, intellectual property, or other proprietary knowledge
Study after study show that adaptability is important for expatriate success, yet nearly 80 percent of firms do not formally assess the adaptability of candidates for international assignments.
Answer the following statement true (T) or false (F)