单选题Which of the following is least accurate regarding product development and marketing for firms under monopolistic competition?
单选题Accounting standards and reporting requirements that produce meaningful and timely financial disclosures are most critical for achieving which of the following efficiencies associated with a well-functioning financial system?
单选题Henrietta Huerta, CFA, writes a weekly investment newsletter to market her services and obtain new asset management clients
单选题Standard Ⅵ (C) , Referral Fees, is applicable to :
A. only cash consideration received for the recommendation of products or
services.
B. only cash consideration paid for the recommendation of products or
services.
C. all consideration received or paid for the recommendation of products or
services.
单选题If the admission price for a rock concert is raised from $25 to $30,
causing ticket sales to drop from 60000 to 40000, the price elasticity of demand
for tickets is:
A. -0.25.
B. -0.50.
C. -2.20.
单选题Which of the following multiples is most useful when comparing companies with significant differences in capital structure?
单选题Which of the following accounting variables is least likely to be manipulated?
单选题Which of the following statements about leasing is FALSE? A. The interest rate implicit in a lease is the discount rate that the lessor used to determine the lease payments. B. When a sale leaseback represents substantially the entire asset, any profit from the sale must be deferred and amortized over the life of the lease. C. If it is determined that the lessor is only financing the purchase of an asset, the capital lease is considered to be a direct financing lease. In this case gross profits must be recognized at the inception of the lease.
单选题An investor plans to retire eight years from today. To maintain her standard of living through retirement, she needs to have $ 2.5 million accumulated when she retires. Her portfolio is currently valued at $1.2 million and is expected to earn 7.0 percent annually. The minimum annual amount she must save at the beginning of each of the next eight ears to achieve a retirement accumulation of $ 2.5 million is closest to:
单选题When the securities laws of a member's country of residence are stricter than those of a country where the member does business but less strict than the Professional Conduct Standards, the member is required to adhere to: A. the Professional Conduct Standards. B. the laws of the country where the member does business. C. the stricter of the laws of the country and the laws of the country where the member does business.
单选题An analyst does research about breakeven quantity of sales and gathers the following information about a company: Number of units sold 3.2 million Sales price per unit $350 Variable cost per unit $150 Fixed operating cost $450 million Fixed financing cost $125 million The company's breakeven point is closest to: A. 1625000 units. B. 2250000 units. C. 2875000 units.
单选题Open market purchases: A. inject additional reserves into the banking system and increase the money supply. B. inject additional reserves into the banking system and decrease the money supply. C. remove reserves into the banking system and increase the money supply.
单选题Which of the following statements best describes the impact of depreciating equipment with a useful life of 5 years using the declining balance method as compared to the straight-line method?
单选题Based on best practices in corporate governance procedures, it is most appropriate for a companys compensation committee to:
单选题The U.S. Federal Reserve System buys $10 million of government
securities from the public, the reserve requirement is 20 percent, and all banks
have zero excess reserves. A few weeks later, if no excess reserves still exist,
the total impact of this action on the money supply will be a:
A. $ 50 million increase.
B. $ 2 million increase
C. $ 2 million decrease.
单选题Aprojectoffersthefollowingincrementalafter-taxcashflows:Year0123456Cashflow（）-12,5002,0004,0005,0002,0001,000500TheIRRoftheprojectisclosestto:
单选题Interim reports most likely:
单选题Assume a discrete distribution for the number of possible sunny days in
Provo, Utah during the week of April 20 through April 26. For this discrete
distribution, p(x)=0 when x cannot occur, or p(x)＞0 if it can. Based on this
information, what is the probability of it being surely on 5 days and on 10 days
during the week? 5 Days of Sunshine
10 Days of Sunshine ①A. A positive value
Infinite ②B. Zero
Infinite ③C. A positive value
Zero
A. ①
B. ②
C. ③
单选题An analyst does research about capital budgeting. If the introduction of a new product is expected to decrease sales of an existing product, which of the following is most accurate to describe the change in the existing product's cash flows? A. Externality. B. Sunk cost. C. Incremental cash flow.
单选题Regarding corporate governance, which of the following is most likely a criteria for concern when evaluating the compensation committee?