更多"Which of the following statements r"的相关试题:
[单项选择]Which of the following statements regarding secondary markets is FALSE Secondary markets are important because they provide:（）
A. investors with continuous information.
B. firms with greater access to external capital.
C. regulators with information about market participants.
[单项选择]Which of the following statements regarding primary and secondary markets is FALSE（ ）
A. Secondary market transactions occur between two investors and do not involve the firm that originally issued the security.
B. New issues of government securities can be sold on the primary market.
C. Prevailing market prices are determined by primary market transactions and are used in pricing new issues.
[单项选择]Which of the following statements regarding survivorship bias in hedge funds is TRUE Survivorship bias tends to: （）
A. understate the performance and overstate the volatility of hedge funds.
B. overstate the performance and understate the volatility of hedge funds.
C. overstate both the performance and volatility of hedge funds.
[单项选择]Which of the following statements regarding forward contracts on T-bills is TRUE（）
A. If short-term yields increase unexpectedly after contract initiation, the short will profit on the contract.
B. There is no default risk on these forwards because T-bills are government-backed.
C. The long will receive a payment at settlement if the discount yield is above the forward yield.
[单项选择]Which of the following statements regarding economic costs is most accurate（）
A. Sunk costs involve setting aside payments to retire long-term debt.
B. In the long run, expected average marginal cost is the most relevant cost to the firm.
C. Fixed costs are not a consideration in the short run operating decision, but must be considered in the long run.
[单项选择]Which of the following statements regarding diminishing marginal returns is most accurate（）
A. As the quantity produced rises, costs begin to rise at a decreasing rate.
B. As the quantity produced falls, costs begin to rise at a decreasing rate.
C. As the quantity produced rises, costs begin to rise at an increasing rate.
[单项选择]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.
[单项选择]Which of the following statements regarding corporate governance practices is FALSE（）
A. Corporate governance is the system of internal controls/procedures by which firms are managed.
B. Corporate governance provides a framework that defines rights of management and the board.
C. Corporate governance is not as important for firms with largely dispersed minority shareholders.
[单项选择]Which of the following statements regarding inflation is most accurate（）
A. The purchasing power of money increases as a result of inflation.
B. Inflation has no effect on the real economic output.
C. Inflation is a persistent increase in the general price level of goods and services.
[单项选择]Which of the following statements regarding provisions for paying off bonds is least likely correct（）
A. Nonrefundable bonds can be callable.
B. Serial bonds are an issue with several staggered maturity dates.
C. A sinking fund provision gives the company the option to retire portions of the bond issue prior to maturity.
[单项选择]Which of the following statements regarding capitalization and expensing of intangible assets is least accurate Based on U. S. generally accepted accounting practices (GAAP) :（）
A. computer software development costs to establish the technological or economic feasibility of software are expensed, but subsequent costs can be capitalized.
B. purchased patent and copyright costs are expensed.
C. research and development costs are expensed when incurred.
[单项选择]Which of the following statements regarding depreciation methods is TRUE （）
A. Straight-line depreciation results in an increasing rate of return over the life of an asset.
B. Straight-line depreciation causes an increase in reported income over time.
C. Sinking fund depreciation is based on the theory that an asset generates an increasing rate of return over time.
[单项选择]Which of the following statements regarding differences in taxable and pretax income is TRUE Differences in taxable and pretax income that:（）
A. result in deferred taxes are called permanent differences.
B. increase or reduce the effective tax rate are called temporary differences.
C. result in deferred taxes are called temporary differences.
[单项选择]Which of the following statements regarding firms that capitalize versus expense costs is least accurate（）
A. Cash flow from financing is the same whether costs are capitalized or expensed.
B. Firms that capitalize costs initially have lower profitability ratios compared to expensing firms.
C. Costs of acquiring a trademark by purchasing it are capitalized.
[单项选择]Which of the following statements regarding footnotes to the financial statements is FALSE（ ）
A. Footnotes provide information about assumptions and estimates used by management.
B. Footnotes may disclose what types of accounting methods are being used.
C. Some supplementary schedules are audited whereas footnotes are not audited.
