In a micro-economic (or characteristic) based risk factor model the following factor would be one of many appropriate factors:
a. Confidence risk.
b. Maturity risk.
c. Expected inflation risk.
d. Call risk.
e. Return difference between small capitalization and large capitalization stocks.
E
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Texas Inc sold merchandise to Fagin Corp on December 28, 2014, with shipping terms of FOB destination. Fagin Corp received the merchandise on January 3, 2015 . Which one of the following statements is true?
a. Texas should record sales revenue on December 28, 2014. b. Fagin Corp. should pay the transportation costs. c. Fagin Corp. should include the merchandise in its inventory at December 31, 2014. d. Fagin Corp. should record a liability for the purchase on January 3, 2015.
The cost-benefit convention holds that the benefits to be gained from providing accounting information should be greater than the costs of providing it
Indicate whether the statement is true or false
The purpose of environmental scanning is to
A. only interpret trends in the marketplace. B. only forecast trends in the marketplace. C. only identify and interpret trends in the marketplace. D. identify, interpret, and forecast trends in the marketplace. E. only identify trends in the marketplace.
A small business is often defined as having fewer than ________ employees, as well as being independently owned and operated.
A. 200 B. 100 C. 500 D. 400 E. 300