单选题Under U.S. GAAP, which of the following statements about classifying cash flows is least accurate?（ ）
单选题Which of the following is most likely under a company's management control? A. Operating risk. B. Financial risk. C. Systematic risk.
单选题Risk that can be attributed to factor(s) that impact a company or industry is best described as:
单选题The most appropriate reason for an investor to sell a security short
is the investor's belief that, in the near future.
A. the security's price will decline.
B. interest rates will decline.
C. The required rate of return on the security will decline.
单选题Which attribute would a private equity firm most likely desire when deciding if a company is particularly attractive as a leveraged buyout target?
单选题At full employment:
A. structural unemployment is zero.
B. frictional unemployment is zero.
C. cyclical unemployment is zero.
单选题In the top-down approach to valuation, industry analysis should be conducted before company analysis because:
单选题If the consumer price index is 252 this year compared with 240 last year, the rate of inflation for the year is closest to（ ）
单选题The value of an interest-rate call option at expiration is zero or the:
单选题The eight major provisions of the Global Investment Performance Standards (GIPS) leastly include（ ）
单选题Which of the following statements about the yield curve is TRUE? A. If long-term rates are low, the present value of cash flows far into the future will be low, and the bond's value will be low. B. Parallel shifts in the yield curve are not of concern to bond investors. C. In a typical upward sloping yield curve, short and intermediate term rates are lower than long term rates.
单选题A bond portfolio consists of a AAA bond, a AA bond, and an A bond. The prices of the bonds are $1050, $1000, and $950 respectively. The durations are 8,6, and 4 respectively. What is the duration of the portfolio?
单选题While trading on behalf of a pension account, an analyst receives special research reports from the brokerage firm with whom she is doing the trades. Such an activity is: A. a violation of both Standard Ⅲ (A), Loyalty, Prudence, and Care, and the Code of Ethics. B. a violation of only The Code of Ethics. C. not in itself a violation of Standard Ⅲ (A), Loyalty, Prudence, and Care, nor the Code of Ethics.
单选题The footnotes to a firm's financial statements are least likely to include: A. information on sales trends. B. details of the terms of firm debt. C. information on revenue recognition policies.
单选题Accounting warning signs related to the Enron scandal not included: A. High senior management turnover. B. Pressure to support the stock price and debt rating. C. Negative operating cash flow.
单选题In a full employment economy, the quantity theory of money states that any increase in the sup ply of money will lead to:
单选题An analysis determined that approximately 99 percent of the observations of daily sales for a company were within the interval from $250000 to $580000 and that daily sales for the company were normally distributed. The mean daily sales and standard deviation of daily sales, respectively, for the company were closest to（ ）
单选题An analyst does research about standard deviation and gathers the following information about two scenarios: Scenario Probability Expected rate of return A 0.40 -5% B 0.60 10% The expected standard deviation is closest to: A. 5.29% B. 7.35% C. 8.57%
单选题 Question The following
information has been gathered regarding a firm that uses straight line
depreciation. Gross plant and equipment
$1250000 Depreciation
expense
$ 235000 Accumulated depreciation
$ 725000
单选题An analyst does research about market multiple models and gathers the following information about three companies in the same industry: Company Operating Income Enterprise Value A $95000 $829000 B $29000 $327000 C $41000 $452000 Based on this information, which of the following corupanies is likely the most overvalued? A. Company Ａ. B. Company Ｂ. C. Company Ｃ.