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Final Exam Chapters 8-14 – Flashcards 50 terms
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Millie Miller
50 terms
Accounting Civil Law Five Years Ago Less Than One Year
Tax Chapter 11 – Flashcards 66 terms
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Will Walter
66 terms
How many CEU’s does a licensee need if their initial license is for less than one year?
10 CEU’s for the initial compliance period
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A financial market in which only short-term debt instruments (generally those with original maturity of less than one year) are traded
What is a money market?
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1. Which of the following is a social group? • A couple married less than one year • Everyone in your sociology class who has brown hair • People waiting at Terminal C for Flight 18 • Passengers on Flight 181 • Microsoft stockholders
A couple married less than one year.
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4. Which of the following is a social aggregate? • An unmarried couple who have been living together for less than one year • Middle-class Asian American women • Waiting at Terminal C for Flight 181 • Your family • All of the above
Waiting at Terminal C for Flight 181.
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Generally, an accounting period less than one year is referred to as an interim period. Which of the following time periods would not be referred to as an interim period?
tend to be short-term, with one-third lasting less than one year.
In the United States, cohabiting arrangements:
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Which of the following statements is CORRECT? a. The most important difference between spot markets versus futures markets is the maturity of the instruments that are traded. Spot market transactions involve securities that have maturities of less than one year whereas futures markets transactions involve securities with maturities greater than one year. b. Capital market transactions involve only preferred stock or common stock. c. If General Electric were to issue new stock this year, this would be considered a secondary market transaction since the company already has stock outstanding. d. Both NASDAQ dealers and “specialists” on the NYSE hold inventories of stocks. e. Money market transactions do not involve securities denominated in currencies other than the U.S. dollar.
d. Both NASDAQ dealers and “specialists” on the NYSE hold inventories of stocks.
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Question 3 Which of the following actions would be most likely to reduce potential conflicts between stockholders and bondholders? 1.Including restrictive covenants in the company’s bond indenture (which is the contract between the company and its bondholders). 2.The firm begins to use only long-term debt, e.g., debt that matures in 30 years or more, rather than debt that matures in less than one year. 3.A government regulation that banned the use of convertible bonds. 4.The passage of laws that make it harder for hostile takeovers to succeed. 5.Compensating managers with more stock options and less cash income.
1.Including restrictive covenants in the company’s bond indenture (which is the contract between the company and its bondholders).
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Half oftoday’s workers between the ages of20 and 24 have been at their jobs for less than one year. T a. True b. False
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