题目内容

According to the Standards of Practice Handbook, which of the following statements about fair dealing is least accurate？ The Standard relating to fair dealing:

A. States that members should treat all clients equally.
B. Pertains to both investment recommendations and investment actions.
C. Imposes a duty with respect to both clients and prospective clients.

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Which one of the following items would most likely result in a permanent difference between pretax financial income and taxable income？

A. Tax Credit.
B. Warranty expense.
C. Depreciation expense.

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All else being equal, would appreciation or depreciation of a countrys currency most likely result from a （n）:
Decrease in the countrys real interest rate？ Decrease in the countrys inflation rate？All else being equal, would appreciation or depreciation of a countrys currency most likely result from a （n）:
Decrease in the countrys real interest rate？ Decrease in the countrys inflation rate？

Appreciation Appreciation
B. Appreciation Depreciation
C. Depreciation Appreciation

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Consider a corporate bond with a yield of 6.8% and a municipal bond （with equivalent risk） with a 4.9% yield. Which of the following statements is most accurate？

An investor with a marginal tax rate of 40% prefers the corporate bond.
B. An investor with a marginal tax rate of 15% prefers the municipal bond.
C. An investor with a marginal tax rate of 28% is indifferent between the two bonds.

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All else being equal, a companys cash flow from operating activities for 2008 will most likely be greater than that companys net income for 2008 if, compared with the beginning of the year, the compan

A. Prepaid expenses
B. Accounts payable
C. Accrued liabilities

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According to the Standards of Practice Handbook, which of the following statements about fair dealing is least accurate？ The Standard relating to fair dealing:

A. States that members should treat all clients equally. B. Pertains to both investment recommendations and investment actions. C. Imposes a duty with respect to both clients and prospective clients.

Which one of the following items would most likely result in a permanent difference between pretax financial income and taxable income？

Consider a corporate bond with a yield of 6.8% and a municipal bond （with equivalent risk） with a 4.9% yield. Which of the following statements is most accurate？

All else being equal, a companys cash flow from operating activities for 2008 will most likely be greater than that companys net income for 2008 if, compared with the beginning of the year, the compan

A. States that members should treat all clients equally.
B. Pertains to both investment recommendations and investment actions.
C. Imposes a duty with respect to both clients and prospective clients.