(0.5 points) An entry recording a sum received, listed on the right-hand side or column of an account. 2. What is a credit score? (0.5 points) Credit scores is a three-digit number generated by a mathematical algorithm using information in your credit report. It's designed to predict risk, specifically, the likelihood that you will become seriously delinquent on your credit obligations in the 24 months after scoring.
They record expense only when cash is paid”. (Kimmel, 164). Cash basis accounting is not accepted under the general accounting principle because it fails to record revenue when it is earned, which is in violation of the revenue recognition principle. It also does not record expenses when incurred which also violates the matching principle. The authors Kimmel, Weygandt, and Kieso give a very good and simple example explaining how accrual and cash basis differ.
Acquisitions are often relatively complex from an accounting and tax point of view. IV. The value of a strategic fit is easy to estimate using discounted cash flow analysis. a. II and IV only b. I and III only c. I and IV only d. I, III, and IV only e. I, II, III, and IV 2. In a merger the: a. legal status of both the acquiring firm and the target firm is terminated.
One of the functions of money is as a store of value. How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points) "Inflation" is defined as an increase in the overall level of prices over an extended period of time. Or in other words Inflation occurs when the supply of money far exceeds the supply of goods and services.
a. Stock A. b. Stock B. c. Neither A nor B, as neither has a return sufficient to compensate for risk. d. Add A, since its beta must be lower. e. Either A or B, i.e., the investor should be indifferent between the two.
This is unlikely to be the case in the UK at the moment as low interest rates and a large budget deficit has not cause significant inflation. A further conflict with loose demand side policies might the effect on the current account. With higher economic growth and consumption, we might expect an increase in the demand for imports and a worsening of the current account. This is likely to be a fairly significant effect for the UK because it has a high marginal propensity to import – especially for manufactured goods. Furthermore, if there is inflation from the demand side policies then there will be a fall in UK competitiveness and a
D) none of the above Answer: A Diff: 2 Topic: 13.1 Financial Globalization and Strategy Skill: Recognition 4) Reasons that firms may find themselves with relatively high costs of capital include: A) The firms reside in emerging countries with undeveloped capital markets. B) The firms are too small to easily gain access to their own national securities market. C) The firms are family owned and they choose not to access public markets and lose control of the firm. D) all of the above Answer: D Diff: 2 Topic: 13.1 Financial Globalization and Strategy Skill: Recognition 5) Which of the following is NOT a contributing
The loan is unsecured on the grounds that it depends on your guarantee to reimburse the obligation. In an unsecured loan, the bank is not given any rights to seize or sell a particular resource. On the off chance that you default on the loan, the moneylender might try obligation gathering endeavors however are not managed the privilege to recover any of your property. The most widely recognized sort of unsecured loan is a Visa. Defaulting on a charge card might prompt gathering endeavors, yet lenders can't take your resources for pay for the obligation.
(c) deficits. (d) the business cycle. Answer: D Level of difficulty: 1 Section: 1.1 When national output rises, the economy is said to be in (a) an expansion. (b) a deflation. (c) an inflation.
| | | | | * Question 3 10 out of 10 points | | | The following are potential consequences if you default on your loan: | | | | | Selected Answer: | All of the above | Correct Answer: | All of the above | | | | | * Question 4 10 out of 10 points | | | When planning your week, the first thing to consider about each activity that you're scheduling is its ?priority? level. | | | | | Selected Answer: | True | Correct Answer: | True | | | | | * Question 5 10 out of 10 points | | | The first two steps to managing your student loans are: | | | | | Selected Answer: | 1) Complete an exit counseling session? 2) Print a copy of your loan and lender information | Correct Answer: | 1) Complete an exit counseling session? 2) Print a copy of your loan and lender information | | | | | Sunday, August 10, 2014 3:27:14 PM EDT OK Chapter 4 test * Question 1 0 out of 1 points | | | Which of the following statements is not true regarding goal setting?