The issuer of a registration statement has strict liability for its accuracy
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is true?
A. Everything else remaining unchanged, higher the future value of an investment, higher will be the present value. B. Everything else remaining unchanged, higher the rate of discount on an investment, higher will be the present value. C. ?The future value of an investment is unrelated to the principal amount invested. D. ??The future value of an investment is unrelated to the ongoing rate of interest.
The organizational status of the researcher or the research department may make it easy to reach the key DM in the early stages of the project
Indicate whether the statement is true or false
If Smith and Wesson attempted to sell handguns directly to a distributor in another country and that country wanted to protect their domestic firearms industry by preventing all imports of Smith and Wesson products, they would most likely be stopped by a(n) ______.
a. embargo b. quota c. subsidy d. tariff
When a firm changed its method of accounting for inventory from LIFO to FIFO in 2014, it decided that the 2014 financial statements should be shown comparatively with the 2013 results. Which of the following statements concerning reporting the change in the retained earnings statement is correct?
a. Both the January 1 . 2013 . and January 1 . 2014, retained earnings balances are reported at different amounts to reflect the effects of the change in earnings before those respective dates. b. Only the January 1 . 2013 . retained earnings balance is reported at a different amount to reflect the effects of the change in earnings. c. Only the January 1 . 2014, retained earnings balance is reported at a different amount to reflect the effects of the change in earnings. d. No direct change to retained earnings is needed since earnings for both years have been adjusted to reflect the change.