Beststudymaterials

Characteristics of preferred stock includes - Answer- -dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends - Answer- can go without payment and pay in arrears the following year Characteristics of common stock are - Answer- -voting ...

How can a private firm appropriately maximize shareholder value? - Answer- By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - Answer- Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - Answer- Bonds Which two effects does the unbundling and offshoring of production have on e...

Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False?answer False Stocks and Bonds are two types of financial instruments. True or False?answer True When revenue is matched with cost of sales in an Income statement it is called?answer Matching principle Basic balance sheet equation is what?answer Equity = Assets - Liabilities Why is the balance sheet known as the permanent statement?answer Because the other statements are reset at the end of the fiscal...

Statement of Cash Flows - Answer- Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities (C...

1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do - AnswerProhibits U.S. firms and individuals from paying bribes to foreign officials to further business deals. 2. What are two basic types of financial instruments - Answer- Stocks and Bonds 3. What are secondary markets - Answer- Secondary financial markets are where securities are traded after the initial offering. 4. What do cash flows from operating activities report - Answer- Operating - day to day operations ...

Economics is a subfield of Finance (t/f) 1.1 - F. Finance is a subfield of Economics. (right answer) Which of the following is not an example of firm capital? 1.1 - Financial markets Which of the following are examples of firm capital? 1.1 - Cash, Labor, Machinery Capital is defined as a financial asset. (t/f) 1.1 - T. Capital is defined as a financial asset. Corporate finance is devoted to understanding various types of financial instruments. (t/f) 1.1 - F. Investments is devoted to under...

DSP - answerDemand Side Platform: Tech interface that provides centralized and aggregated media buying from multiple sources including ad exchanges, ad networks, and sell side platforms SSP - answerSeller Side Platform: Tech used by publishers to sell inventory, optimize pricing/yield and audience for a pool of potential advertisers Exchange - answerAn online marketplace platform that facilitates automated auction-based pricing and RTB Ad Network - answerA sales channel for pubs and aggreg...

explain the traditional consumer buying funnel - answerThe funnel of how a consumer makes a purchase decision. What are the 6 steps of the traditional consumer buying funnel - answer1. Awareness 2. Consideration 3. Preference 4. Purchase 5. Loyalty 6. Advocacy What does Awareness in the buying funnel mean? - answerThe consumer knows about your product in the industry What does Consideration in the buying funnel mean? - answerYour product is one of the few within the industry that the ...

The millions of smaller websites that each receive a relatively small amount of traffic are collectively known as what? Ans- Long tail The "sell side" is made up of companies that create the content that ads run next to, whereas this side consists of the companies that are running the ads. Ans- Buy The benefits of an in-house team handling a brand's advertising include: Ans- Cost efficiencies More control over their own data Greater transparency into the media buying process When a pe...

1. Which of the following statements is not an underlying assumption of self management: People with complex chronic kidney conditions such ass ESRD have more difficulties with successful self management 2. Which of the following is a basic principle of self management: Dealing with the consequences of the illness rather than just the physical disease its self 3. Andragogy takes into account: That adults desire to take responsibility for what they learn 4. In order to detect problems as e...

Which category contains the ethical standards, a violation of which makes a member liable to disciplinary action? (a) Ethics Rulings. (b) Interpretations of the Rules. (c) Rules. - Answer (c) is the conect answer. Code of Professional Conduct, Strncture, says that infraction of any of the rules makes a member liable to disciplinary action. (a) is wrong since members who depart from the guidance in ethical rulings in similar circumstances will be asked to justify such departure. They ca...

Cash - Answer Money that is FREE and CLEAR and available to be spend in current operations. Not Cash: - Answer Security deposits & bond sinking funds Three-Month Rule - Answer Highly liquid securities with ORIGINAL maturity dates of three months or less are treated as cash. Bad Debts - Direct Write-Off Method - Answer - No entry for bad debts until customer actually defaults. - At default, the cutomer's account is written off. - Theoretically weak, matching issue - Only allowed if bad ...

Which step in the decision-making model is characterized by asking the question, "Are these opinions consistent with applicable professional ethics rules, regulations, and laws?" A. Recognize ethical issues B. Gather critical facts C. Consider the effect on stakeholders D. Consider rules, regulations, and laws - Answer D. Consider rules, regulations, and laws Step 7 asks this question. You may determine that the greatest benefit and least amount of harm would likely result if you take...

The Sarbanes-Oxley Act of 2002 imposes a mandatory rotation applicable to both the audit engagement partner and the quality control (also called review) partner. How long in total is the partner allowed to serve as the engagement partner or review partner before someone else must serve in that capacity? - Correct Answer - 5 years. An entity engaged a CPA to determine whether the client's web sites meet defined criteria for standard business practices and controls over transaction integrity...

Demand Curve Shift Upward (direct relationship-positive shift) - Correct Answer - The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market Demand Curve Shift Downward (inverse relationship-neg. shift) - Correct Answer - The price of complement good, income for inferior goods, and consumer boycotts SWOT analysis - Correct Answer - strengths, weaknesses, opportunities, threats Three common measures of price inflation: - Correct Answer - 1. Th...

Demand Curve Shift Upward (direct relationship-positive shift) - Correct Answer - The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market Demand Curve Shift Downward (inverse relationship-neg. shift) - Correct Answer - The price of complement good, income for inferior goods, and consumer boycotts SWOT analysis - Correct Answer - strengths, weaknesses, opportunities, threats Three common measures of price inflation: - Correct Answer - 1. Th...

Identifying a Variable Interest (VIE) - Correct Answer - All Must be Met: 1. There is an arrangement between company and business entity 2. The business entity is a legal entity 3. The business fails to qualify for an exclusion 4. The interest is more than insignificant 5. The company has an explicit or implicit variable interest in the entity Securities and Exchange Commission - Correct Answer - - established in 1934 by Securities and Exchange Act - all public and large private companie...

When a CPA examines a client's projected financial statements, the CPA's report should: - Correct Answer - state that the CPA performed procedures to evaluate management's assumptions. Davis, CPA, accepted an engagement to audit the financial statements of Tech Resources, a nonpublic entity. Before the completion of the audit, Tech requested Davis to change the engagement to a compilation of financial statements. Before Davis agrees to change the engagement, Davis is required to conside...

Managerial Accounting deals with _____ accounting, while Financial Accounting deals with _____. - Correct Answer- Internal; External True or False: Managerial accounting must follow GAAP. - Correct Answer- False; Internal accounting so it does not have to follow GAAP. The assumption that a company or other entity will be able to continue operating for a time that is sufficient to carry out its commitments and obligations. - Correct AnswerGoing Concern The assumption that a company's busi...

Management is responsible for - Correct Answer - Financial statements - the preparation and fair presentation Internal controls - design, implementation and maintenance relevant to the FS Providing auditor with access to info and persons needed to complete the audit The preparation and fair presentation of the FS requires - Correct Answer - identification of the applicable financial reporting framework preparation and fair presentation in accordance with framework inclusion of adequate de...