Hedge funds are somewhat similar to mutual funds. The primary differences are that hedge funds are less highly regulated, have more flexibility regarding what they can buy, and restrict their investors to wealthy, sophisticated individuals and institutions.
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True
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Social Security, Medicare, FUTA, and SUTA taxes have separate expense accounts
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The post-audit is a simple process in which actual results of capital budgeting analyses are compared with forecasted results and only discrepancies that result from factors that are completely under management's control are evaluated further.
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An assignment for the benefit of creditors requires the creditors' consent
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For a two-person zero-sum game, which one of the following is false?
a. The gain for one player is equal to the loss for the other player. b. A payoff of 2 for one player has a corresponding payoff of ?2 for the other player. c. The sum of the payoffs in the payoff table is zero. d. What one player wins, the other player loses.