更多"Which of the following is least lik"的相关试题:
[单项选择]Which of the following statements is least likely an incentive to the lessee for structuring a lease as an operating lease rather than a capital lease（）
A. Operating leases are advantageous to the lessee’ s management when their compensation depends on return on assets or invested capital.
B. An operating lease is advantageous when the lessee wants to keep debt off its balance sheet.
C. If the lessee is in a higher marginal tax bracket than the lessor, the lease should be structured as an operating lease so that the lessee can take advantage of the depreciation of the leased equipment.
[单项选择]Which of the following factors would least likely result in demand-pull inflation An increase in:（）
A. exports.
B. the wage rate.
C. the quantity of money.
[单项选择]Which of the following situations is least likely to lead to high barriers to entry and monopoly supply（）
A. Natural resources are spread among many firms.
B. Governmental licensing and regulations are present.
C. Economies of scale are present.
[单项选择]Which of the following actions was least likely a warning sign of potential earnings manipulation disclosed in Sunbeam’ s financial statement footnotes（）
A. A record level of earnings, yet operating cash flow was negative.
B. Significant use of barter transactions.
C. Receivables were increasing, but bad debt expense was decreasing.
[单项选择]Which of the following actions is least likely to immediately increase earnings（）
A. Selling more inventory than is purchased or produced.
B. Lowering the salvage value of depreciable assets.
C. A high proportion of management’ s compensation depends on the firm exceeding targets for earnings or the stock price.
[单项选择]Which of the following is the least likely outcome when a monopoly adopts perfect price discrimination because of the customers’ differing demand elasticities（）
A. The monopolist shares the total surplus with consumers.
B. The price for marginal unit is less than the price for other units.
C. The output increases to the point at which price equals the marginal cost.
[单项选择]Which of the following statement is least likely correct A speculative:（）
A. stock is usually under priced.
B. company has highly risky assets.
C. stocks have a slight probability of an enormous return.
[单项选择]Which of the following steps is least likely to be an administrative step in the capital budgeting process（）
A. Arranging financing for capital projects.
B. Conducting a post-audit to identify errors in the forecasting process.
C. Prioritizing projects according to project profitability and company resources.
[单项选择]Which of the following least likely affects how the burden of a tax is divided between buyers and sellers（）
A. Elasticity of supply.
B. Elasticity of demand.
C. Whether the tax is imposed on buyers or on sellers.
[单项选择]Which of the following is least likely an implication of risk aversion for the investment process（）
A. The capital market line (CML) is upward sloping.
B. The security market line (SML) is upward sloping.
C. The promised yield on AAA bonds is higher than on A bonds.
[单项选择]Which of the following is least likely a required financial statement disclosure according to the Financial Accounting Standards Board and the International Accounting Standards Board（）
A. A description of the entity including its domicile, legal form, and place of incorporation.
B. Judgments made in applying accounting policies that may have a significant effect on the amounts reported in the financial statements.
C. The liquidation values of equipment used in the production of goods and services for a firm that is expected to continue to operate in the foreseeable future.
[单项选择]Which of the following is least likely a disadvantage of a callable bond to an investor The:（）
A. investor is exposed to reinvestment rate risk.
B. cash flow pattern of a callable bond is not known with certainty.
C. issue often offers a higher coupon rate than a comparable option-free bond.
[单项选择]Which of the following is least likely an important requirement of good corporate governance （）
A. Members of the board should serve staggered, multiple-year terms.
B. A board should be composed of at least a majority of independent board members.
C. Board members should have appropriate experience and expertise relevant to the company’s business.
[单项选择]Which of the following is least likely to describe a cross-sectional data set（）
A. An index's quarterly returns in 2011.
B. The annual sales growth of companies in mining industry in 2011.
C. Price-to-earnings ratios of publicly traded companies at the end of 2011.
[单项选择]Which of the following is least likely to be considered an objective of financial market regulation according to the International Organization of Securities Commissions (IOSCO)（）
A. Protect investors.
B. Reduce systemic risk.
C. Develop individual financial regulatory standards for each country to reflect the unique needs of each market.
[单项选择]Which of the following is least likely a problem associated with the internal rate of return (IRR) method of choosing investment projects（）
A. Using IRR to rank mutually exclusive projects assumes reinvestment of cash flows at the IRR.
B. For independent projects, the IRR and NPV can lead to different investment decisions.
C. For mutually exclusive projects, the IRR and NPV methods may result in different investment decisions.
[单项选择]Which of the following is least likely to be classified as an opportunity cost（ ）
A. The cash savings related to adopting a new production process.
B. The cash flows generated by an old machine that is to be replaced.
C. The market value of vacant land to be used for a distribution center.
