单选题Sergio Morales, CFA, believes he has found evidence that his supervisor is engaged in fraudulent activity involving a clients account
单选题An analyst does research about inventory and gathers the following information about a company's inventory : ·Cost of the inventory is $6350000 ·Estimated selling price is $6430000 ·Estimated cost of completion is $110000 ·Estimated costs to selling is $43000 Based on this information, the inventory is most likely reported on the balance sheet at: A. $6277000 B. $6350000 C. $6387000
单选题The difference between the double declining balance and units-of-production is: 400,000 288,000 = 112,000
单选题A sample of size n=25 is selected from a normal population. This
sample has a mean of 15 and a sample variance of 4. What is the standard error
of the sample mean?
A. 2.0.
B. 0.4.
C. 0.8.
单选题The short run is best defined as: A. the period for which the quantities of all factors of production are fixed. B. a period of less than one year. C. the period for which the quantities of some resource inputs are fixed.
单选题Many academics claim that a particular anomaly's results reflect the inability of the asset pricing model to provide a complete measure of risk. Which of the following anomalies are the academics discussing?
单选题Which of the following statements regarding marginal costs (MC)
and average variable costs (AVC) is most accurate?
A. MC = AVC when AVC is at its minimum.
B. MC ＜ AVC when AVC is at its minimum.
C. MC = Average total cost when AVC is at its minimum.
单选题An analyst does research about income statement and gathers the following information about a company: ·Revenue during this year is $250000 ·Cost of goods sold is $150000 ·Selling, general, and administrative expense is $25000 ·Depreciation expense is $15000 ·Interest expense is 5000 The company's operating profit is closest to: A. $55000 B. $60000 C. $75000
单选题Which is most likely considered a pull on liquidity?
单选题Price discrimination is most likely an attempt by a monopoly to:
单选题An analyst does research about Eurodollar time deposits. Which of the following statements about Eurodollar time deposits is teast accurate? A. The interest is not deducted from the principal. B. The interest rate is based on LIBOR. C. The deposits are essentially short-term secured loans.
单选题Thefollowingtenobservationsareasampledrawnfromanapproximatelynomlalpopulation:Observation12345678910Value-31-143-183420-697-16Thesamplestandarddeviationisclosestto:
单选题Which of the following statements is most accurate?
单选题Gabrielle Daniels and Edin Roth, CFA candidates, are discussing the relationship between a bond's coupon rate and the required market yield. Looking through the local newspaper, they see a new-issue, 10-year, $1000 face value 8.00 percent semi-annual coupon bond priced at $950. Daniels makes the following statements. Which statement does Roth tell her is CORRECT? A. The current market required rate is less than the coupon rate. B. The bond is selling at a premium. C. The bond is selling at a discount.
单选题When a regulatory agency requires a monopolist to use average cost
pricing, the intent is to price the product where the:
A. AC curve intersects the MR curve.
B. AC curve intersects the demand curve.
C. MR curve intersects the demand curve.
单选题Current dividend per share ( Do) paid on the company common stock $5.00 Required rate of return on the company common stock 15.5% Expected constant growth rate in earnings and dividends 7.5% The value of a share of the company's stock and the leading price/earnings (P/E) ratio, respectively, are closest to: Value of stock Leading P/E ration ①A. $40.13 7.5 ②B. $67.19 8.0 ③C. $67.19 7.5 A. ①B. ②C. ③
单选题An analyst does research about total, marginal and average product curve of labor. As more labor is hired, which of the following curves initially increases and then decreases? A. The average product of labor curve, but not the total and marginal product of labor curve. B. The marginal product of labor curve, but not the total and average product of labor curve. C. Both the marginal product of labor and the average product of labor curve, but not the total product of labor curve.
单选题Which of the following statements about temporary and permanent differences in the analysis of income taxes is FALSE? A. An example of a permanent difference is tax-exempt interest revenue. B. Permanent differences are differences in taxable and pretax income that are never reversed. C. An example of a temporary difference is the proceeds from life insurance on key employees.
单选题If a stock"s initial price is $10 and its year-end price is $14, then its continuous compounded annual rate of return is:
单选题As compared to an equivalent non-put-able bond, a put-able bond"s yield should be: