题目内容

According to the characteristics of consumer indifference curves, consumer indifference curves for any given individual are least likely that:

A. More is preferred to less.
B. Cross one another at certain point.
C. The utility of a good declines the more of it you consume.

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Which of the following adjustments to the assumed useful life and assumed salvage value of a companys assets would most likely decrease the companys total asset turnover ratio?
Assumed useful lifeWhich of the following adjustments to the assumed useful life and assumed salvage value of a companys assets would most likely decrease the companys total asset turnover ratio?
Assumed useful life

A. Shorter Higher
B. Longer Lower
C. Longer Higher

According to the Global Investment Performance Standards (GIPS):

A. Composites must include new portfolios as soon as they come under management.
B. Firms may not set minimum asset levels for portfolios to be included in a composite.
Composites must be defined according to similar investment objectives and/or strategies.

Utility Corporation uses the LIFO inventory method, but most of the other companies in Utilitys industry use FIFO. Which of the following best describes one of the adjustments that would be made to Ut

A. Decrease by the ending balance in Utilitys LIFO reserve.
B. Increase by the ending balance in Utilitys LIFO reserve.
C. Increase by the change in Utilitys LIFO reserve for that period.

Several years ago, Simon Ma, CFA, founded an investment club with three friends. The investment clubs account grew rapidly to a substantial size, but the club has not actively traded the account for a

A. Yes,with respect to fiduciary duty.
B. Yes,with respect to selective disclosure.
C. Yes,with respect to conflicts of interest.

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