A dealer of large earth movers that leases the machinery to its customers is most likely to treat the leases as:
A. Operating leases,and account for inventory using last-in first-out.
B. sales-type leases,and account for inventory using specific identification.
C. Direct financing leases,and account for inventory using weighted average cost.
查看答案
An analyst is doing the following research. The Regional Bank of Australia receives interest income on the loans it has outstanding. Luck Manufacturing Inc. also receives interest income on some surpl
A. Operating activity Operating activity
B. Operating activity Investing activity
C. Investing activity Operating activity
Which of the following is not true regarding to zero economic profit？
A. The net present value of cash flows when discounted at the firms cost of capital will equal to zero.
B. The firm is just profitable enough to make a normal return.
C. The return for the firm is insufficient for the risk taken.
U.S. GAAP and IFRS have converged with respect to the treatment of:
A. Valuation of inventories.
B. Interest received on held-to-maturity securities
C. Unrealized gains on available-for-sale securities.
John Maginn, an investment researcher, who is a CFA charterholder, takes a trip for which his firm will pay all the expenses. Upon his return he alters some of the numbers on restaurant receipts to in
A. No,because the expense inflated is under $100.
B. No,if such behavior is not significant.
C. Yes,because it is a crime of moral turpitude.
微信支付 
支付宝支付