Evaluating the performance of a mutual fund involves which of the following activities?
I. Determining its rate of return
II. Calculating its net asset value
III. Examining its turnover ratio
IV. Examining its administrative expenses
A)
I and II
B)
I, III, and IV
C)
II, III, and IV
D)
All four
B
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When preparing the budgeted balance sheet of a merchandising company, the amount of Merchandise Inventory can be obtained from the ________.
A) merchandise inventory account B) inventory, purchases, and cost of goods sold budget C) production budget D) capital expenditure budget and cash budget
U.S. GAAP requires the disclosure of the acquisition of a building by assuming a mortgage obligation
a. as both a financing activity and an operating activity. b. as both an operating activity and an investing activity. c. as both an investing activity and a financing activity. d. in a separate schedule or note, but does not appear in the statement of cash flows as an operating activity, investing activity or a financing activity. e. as both an investing activity and a exchange activity.
A person who displays organizational citizenship behavior will step outside his or her job description to get work accomplished
Indicate whether the statement is true or false.
For the past several years, foreign companies have invested more in business in __________ than they spent anywhere else in the world.
A. Brazil B. India C. China D. United States E. Russia