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发布时间:2024-05-24 21:26:19

[单项选择]Which of the following statements about monopolists is most likely correct()
A. Without government intervention, monopolists will always earn profits.
B. A monopolist maximizes price where marginal revenue equals marginal cost.
C. Monopolists have imperfect information about demand.

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[单项选择]Which of the following statements about verification of compliance with the Global Investment Performance Standards (GIPS) is least accurate()
A. Verification is voluntary. 
B. Verification report can be performed by an independent third party. 
C. Verification report can be performed with specific composites.
[单项选择]Which of the following statements about portfolio risk and diversification is least accurate()
A. Unsystematic risk can be substantially reduced by diversification.
B. Systematic risk can be eliminated by holding securities in a well-diversified international stock portfolio.
C. Diversification results from combining securities that have less than perfect positive correlation between their returns to reduce portfolio risk.
[单项选择]Which of the following statements about achieving proper timing in fiscal policy is FALSE()
A. Improvements in quantitative methods have made the occurrence of recessions or expansions quite predictable.
B. There is usually a time lag between when a change in policy is needed and when the need is recognized by policy makers.
C. The time required to change tax laws and government expenditure programs can be lengthy.
[单项选择]Which of the following statements about unemployment is least accurate()
A. Frictional unemployment is unemployment due to changes in the economy that prevent qualified workers from being immediately matched with existing job openings.
B. The economy is said to be operating at full employment only if there is no cyclical or frictional unemployment in the economy.
C. The economy is said to be operating at full employment when cyclical unemployment is zero.
[单项选择]Which of the following statements about statistical concepts is FALSE()
A. A frequency is a tabular display of data summarized into a relatively small number of intervals.
B. An interval is a set of return values within which an observation not falls.
C. A parameter is an descriptive measure of a population characteristic.
[单项选择]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.
[单项选择]Which of the following statements about depreciation is FALSE()
A. Depreciation reduces a firm’ s tax liability. 
B. Depreciation is a cash flow. 
C. Depreciation is a tax-deductible expense.  Use the following data to answer Questions.  Gross fixed assets          1000  Accumulated depreciation      400  Depreciation expense         100  Salvage value             50  Economic asset life        4 years
[单项选择]Which of the following statements about accounting for long-term debt is least accurate()
A. For a bond issued at par, interest expense = coupon rate x face value.  
B. For a discount coupon bond, cash flow from operations will decrease by the amount of the periodic coupon payment.  
C. A bond issued at a discount results in lower cash flow from operations and higher cash flow from financing than a bond issued at a premium.
[单项选择]Which of the following statements about intangible assets is least likely correct()
A. Generally, internally produced intangible assets are not reported on the balance sheet.   B. In most countries, research and development costs are capitalized.  
B. Intangible assets are reflected at their purchase prices when acquired from an outside entity.
[单项选择]Which of the following statements about capitalizing and expensing costs is least accurate()
A. Companies that capitalize costs will have lower debt-to-asset and debt-to-equity ratios than expensing companies. 
B. Companies that expense costs will show the same total cash flows as the capitalizing firm but show higher early year profitability. 
C. Companies that capitalize costs and depreciate them over time will show smoother reported income than expensing companies.
[单项选择]Which of the following statements about creativity is INCORRECT
A. Creativity stems from human beings’ novel thinking.
B. The duration of the creative process varies from person to person.
C. Creative people focus on novel thinking rather than on solutions.
D. The outcome of human creativity comes in varied forms.
[单项选择]Which of the following statements about external otitis is true()
A. External otitis is eharaeterized by pain when the pinna of the ear is pulled.
B. External otitis is usually accompanied by a high fever in children.
C. External otitis is usually related to an upper respiratory infection.
D. External otitis can be prevented by using cotton-tipped applicators to clean the ear.
[单项选择]Which of the following statements about the mayor of Santiago is INCORRECT
A. He was known abducted on Monday.
B. He was announced murdered on Wednesday.
C. His body was dropped on the outskirts of Santiago.
D. His plan of going to Nuevo Leon caused his death.
[单项选择]Which of the following statements about initial margin requirements in the U.S. is FALSE()
A. If the stock price decreases, the investor’ s relative margin will decline. 
B. Currently, the initial margin requirement is 60 percent. 
C. The Federal Reserve Board specifies the minimum margin requirements.
[单项选择]Which of the following statements about the demand for and supply of money is least accurate ()
A. As gross domestic product rises, the demand for money balances also rises. 
B. As the interest rate rises, the demand for money falls. 
C. As the interest rate rises, the supply of money also rises.
[单项选择]Which of the following statements about Standard Ⅵ (C), Referral Fees, is TRUE()
A. Referral fees must be disclosed after proceeding with an agreement for service. 
B. Referral fees may be disclosed before or after proceeding with an agreement for service. 
C. Referral fees must be disclosed before proceeding with an agreement for service.
[单项选择]Which of the following statements about the value of a callable bond is FALSE ()
A. The value of the callable bond is less than the value of an option-free bond in an amount equal to the value of the call option.
B. The value of a callable bond equals the value of the bond without the option plus the option value.
C. The value of the call option is greater at lower yields so that as the yield falls, the difference in price between a straight bond and a callable bond increases.
[单项选择]Which of the following statements about the monument is NOT TRUE
A. The monument is situated in Washington D.C.
B. One of the arches represents the Atlantic theater of the war.
C. Each of the gold stars sands for an American soldier killed in the war.
D. The inscription says these people sacrificed their lives for freedom.

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