更多"Which of the following statements a"的相关试题:
[单项选择]Which of the following statements about the financial implications of capitalization versus expensing is least accurate()
A. Capitalizing will result in smoother reported income than expensing, and expensing will result in higher leverage ratios than capitalizing.
B. Capitalization will result in lower leverage ratios than expensing, but expensing will result in higher later year profitability ratios than capitalization.
C. Cash flow from operations is not affected by the capitalizing versus expensing decision, but the investing and financing cash flows depend on the method the firm chooses.
[单项选择]Which of the following statements about nonrecurring items is most accurate()
A. The correction of an accounting error is reported net of taxes below extraordinary items on the income statement.B. Uninsured losses from earthquakes and expropriations by foreign governments can be classified as extraordinary items under U. S. GAAP and reported net of taxes after income from continuing operations.
B. Discontinued operations are classified as unusual or infrequent and are reported as a component of net income from continuing operations.
[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 hypothesis testing is FALSE()
A. The null hypothesis is a statement about the value of a population parameter.
B. A Type Ⅱ error is failing to reject a false null hypothesis.
C. If the alternative hypothesis is Ha: μ>μ0, a two - tailed test is appropriate.
[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 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.
[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 dependent and independent events is TRUE( )
A. Two events are independent if the occurrence of one is related to the probability of occurrence of the other.
B. The multiplication rule for probabilities applies only to two independent events.
C. None of the above.
[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 is TRUE about Miss Green’s university days
A. She felt bored.
B. She felt lonely.
C. She cherished them.
D. The subject was easy.
[单项选择]Which of the following statements is true about his friend
A. Writing exhausts his friend.
B. His friend collects a lot of things to write.
C. His friend always has enough material to write on.
D. His friend is doing research to write a paper.