更多"An analyst does research about inde"的相关试题:
[单项选择]An analyst does research about capitalbudgeting. Which of the following capital investment categories is least likely associated with the greatest decision-making uncertainty（）
A. Replacement projects.
B. Expansion projects.
C. New products or markets projects.
[单项选择]An analyst does research about valuation models. With respect to equity valuation models, valuation working well for companies that do not have a high proportion of intangible or "off the books" assets and that do have a high proportion of current assets and current liabilities is best categorized as a(n):（）
A. multiplier model.
B. discounted cash flow model.
C. asset-based valuation model.
[单项选择]An analyst does research about commodity market. Which of the following is least likely a motivation of investing in commodities（）
A. Commodity markets have lower volatility than the equity markets.
B. Commodities have a positive correlation with the unexpected inflation.
C. Commodities have a negative correlation with the stock and bond retums.
[单项选择]An analyst does research about earnings quality. With respect to U. S. GAAP, which of the following is least likely an accounting warning sign for a company（）
A. the use of short useful lives for amortization.
B. a decrease in the last-in, first-out (LIFO) reserve.
C. the use of high discount rates for pension plan liabilities.
[单项选择]An analyst does research about forward products. Which of the following statements is the most effective way to terminate a forward contract prior to expiration（）
A. One party of the forward contract closes the position with a local exchange.
B. One party of the forward contract closes the position with the same counterparty.
C. One party of the forward contract closes the position with the other counterparty with AAA credit rating.
[单项选择]An analyst does research about Nash Equilibrium. With respect to game theory, which of the following describes the condition that two colluding firms in an oligopoly market are a Nash Equilibrium（）
A. Neither firm cheats.
B. Only one firm cheats.
C. Both firm cheat.
[单项选择]An analyst does research about index investing. The rationale for investing in index funds least likely includes the ability to:
A. diversify the investments.
B. reduce the cost of investing.
C. capture arbitrage opportunities.
[单项选择]An analyst does research about cash flow ratios. Which of the following best represents a debt payment coverage ratio Cash flows from operations are divided by:（）
A. average total debt.
B. cash paid for long-term assets.
C. cash paid for long-term debt repayment.
[单项选择]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%
[单项选择]An analyst does research about portfolio management. Which of the following statements is Least accurate when an investor diversifies a portfolio（）
A. Systematic risk is eliminated.
B. The variance of the portfolio declines.
C. The portfolio will have a higher correlation with the market portfolio.
[单项选择]An analyst does research about relationship between credit spreads and economic well being. In general, credit spreads on corporate bonds tend to:（）
A. tighten during both economic expansions and economic contractions.
B. widen during economic expansions and tighten during economic contractions.
C. tighten during economic expansions and widen during economic contractions.
[单项选择]An analyst does research about calculating reinvestment income to achieve desired yield. An 8 percent coupon bond with seven years to maturity makes semiannual interest payment and has a maturity value of $1000. The bond is currently selling at $1112.96 to provide a 6 percent yield. The amount of reinvestment income required to generate this yield is closest to:（）
A. $110.48
B. $123.45
C. $226.44
[单项选择]An analyst does research about financial reporting quality. An incentive for a company's management reporting lower earnings is least likely to:（）
A. remain in compliance with lending covenants.
B. obtain trade relief in the form of quotas or protective tariffs.
C. negotiate favorable terms from creditors.
[单项选择]An analyst does research about depreciation expense for a company. The company purchases equipment for $1200000 with an estimated useful life of 6 years and no estimated residual value. Using the double-declining balance method, the depreciation expense for year 3 is closest to:（）
A. $177778
B. $200000
C. $266667
[单项选择]An analyst does research about financial statements. Which of the following best describes the firm's financial performance over a period of time（）
A. Balance sheet.
B. Income statement.
C. Cash flow statement.
[单项选择]An analyst does research about different inventory valuation methods. Which inventory valuation method least likely results in the same cost of sales for both periodic and perpetual inventory systems（）
A. FIFO.
B. LIFO.
C. Specific identification method.
[单项选择]An analyst does research about difference between Generally Accepted Accounting Principles (U. S. GAAP) and Intemational Financial Reporting Standards (IFRS). The indirect method of presenting cash flow from operation is NOT allowed under（）
A. IFRS ortly.
B. U. S. GAAP only.
C. Neither IFRS nor U. S. GAAP.
[单项选择]An analyst does research about monopolistic competition. Which of the following statements is most accurate Long-run economic profit under monopolistic competition is zero because:（）
A. entry into and exit from the market are possible with fairly low costs.
B. each firm produces a differentiated product.
C. two or more firms have the incentive to collude.
