According to the hedging principle, plant and equipment should be financed with
A) short-term bank loans. B) commercial paper.
C) long-term funds. D) spontaneous financing.
C
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According to Michael Porter, one of the major forces influencing competition in an industry is the threat of ________
A) Giffen goods B) independent goods C) Veblen goods D) substitute goods
The FASB specified in Statement No. 140 three conditions that must be met if a transfer of receivables is to accounted for as a sale. Which of the following is not one of the three conditions specified?
a. The transferred assets have been isolated from the transferor. b. The transferor's obligation under the recourse provisions can be reasonably estimated. c. The transferee has the right to pledge or exchange the transferred assets. d. The transferor does not maintain effective control over the assets through an agreement to repurchase the assets before their maturity.
______ are documents that provide information on a hazardous chemical and its characteristics.
A. Safety data sheets B. Ergonomics analyses C. Cybersecurity D. Utilization analyses
Which one of the following statements is true concerning bonds?
A) A bond yield represents only the interest earned on a bond. B) Bond yield data is more useful to an investor when compared over time. C) A bond's yield remains constant even when a bond is sold prior to maturity. D) Bonds with similar characteristics generally have widely disparate bond yields.