A conflict of interest occurs when
A) a financial firm sells a service to its customers for a price that exceeds the cost of producing the service.
B) lenders prefer higher interest rates and borrowers prefer lower interest rates.
C) riskier borrowers are the ones who are more likely to apply for loans.
D) people expected to provide reliable information to the public have incentives not to do so.
D
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It is ok to treat nonprobability samples as probability samples and to project the results to a target population
Indicate whether the statement is true or false
The balance sheet category receivables represents claims to cash. Accounts receivable typically constitutes the largest dollar value of receivables. An estimated allowance for doubtful accounts should be deducted from the gross amount of accounts receivable to arrive at the estimated amount collectible. Plant assets are reported on the balance sheet at their historical cost less any accumulated
depreciation. The allowance for doubtful accounts and accumulated depreciation are both termed contra-asset accounts. Which of the following statements regarding these two contra-asset accounts is true? a. Both result in the valuation of their related asset account at net realizable value. b. Accumulated depreciation deducted from the related asset account shows the unallocated portion of the historical cost of the related asset. c. Accumulated depreciation deducted from the related asset account shows the net realizable value of the related asset. d. Accumulated depreciation deducted from the related asset account shows the current replacement cost of the related asset.
Although merchandise exports have grown faster than world output in nearly every year since 1980, the level of ________ exports worldwide has grown even more rapidly during this time.
Fill in the blank(s) with the appropriate word(s).
____ involves creating and cultivating business friendships.
A. Socializing B. Networking C. Teleconferencing D. Instant messaging