Finance
- Submitted by: kriznaldo
- Views: 324
- Category: Other
- Date Submitted: 12/17/2012 08:10 PM
- Pages: 13
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1) Occurs when a "follower" receives the benefit of an expenditure made by a "leader" by imitating the leader's behavior.
A. free-rider problem
B. The Principle of Comparative Advantage
C. asymmetric information
D. put option
2) Occurs when inaccurate information can falsely exist.
A. moral hazard
B. The Principle of Valuable Ideas
C. free-rider problem
D. adverse selection
3) Refers to situations wherein the agent can take unseen actions for personal benefit even though such actions are costly to the principal.
A. adverse selection
B. moral hazard
C. zero-sum game
D. The Behavioral Principle
4) The annual report refers to
A. a report issued annually by managers to primarily convey information about select working capital ratios.
B. the length of time remaining until an asset's maturity.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the extent to which something can be sold for cash quickly and easily without loss of value.
5) Remaining maturity refers to:
A. the length of an asset's life when it is issued.
B. a technical accounting term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the amount of time remaining until its maturity.
6) Generally accepted accounting principles (GAAP) refers to
A. the length of an asset's life when it is issued.
B. a technical accounting term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the extent...
A. free-rider problem
B. The Principle of Comparative Advantage
C. asymmetric information
D. put option
2) Occurs when inaccurate information can falsely exist.
A. moral hazard
B. The Principle of Valuable Ideas
C. free-rider problem
D. adverse selection
3) Refers to situations wherein the agent can take unseen actions for personal benefit even though such actions are costly to the principal.
A. adverse selection
B. moral hazard
C. zero-sum game
D. The Behavioral Principle
4) The annual report refers to
A. a report issued annually by managers to primarily convey information about select working capital ratios.
B. the length of time remaining until an asset's maturity.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the extent to which something can be sold for cash quickly and easily without loss of value.
5) Remaining maturity refers to:
A. the length of an asset's life when it is issued.
B. a technical accounting term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the amount of time remaining until its maturity.
6) Generally accepted accounting principles (GAAP) refers to
A. the length of an asset's life when it is issued.
B. a technical accounting term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time.
C. a report issued annually by a firm that includes, at a minimum, an income statement, a balance sheet, a statement of cash flows, and accompanying notes.
D. the extent...