Which of the following items is best described as a listing of all the journal entries in order of their dates？
A. Trial ledger.
B. General ledger.
C. General journal.
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Ralph Malone, CFA, is an investment adviser at a multinational finance corporation. He has many wealthy individuals among his clients, including a trust account that benefits three of his immediate fa
A. The firm gives clients time to act on the new recommendation,but does not make its recommendation public before buying 100,000 shares for its own account.
B. Malone trades on the family account shortly after his firms clients have been informed of the buy recommendation.
C. Malone waits to trade for the family account until four days after his firms clients have been informed of the buy recommendation.
The Keynesian view suggests that the government can reduce aggregate demand by using:
A. Restrictive fiscal policy to shift the government budget toward a surplus（or smaller deficit）.
B. Restrictive fiscal policy to shift the government budget toward a deficit（or asmaller surplus）.
C. Expansionary fiscal policy to shift the government budget toward a surplus（or asmaller deficit）.
According to the Standards of Practice Handbook, members must make a reasonable inquiry into a clients financial situation, and must do all of the following except:
A. Consider the suitability of investment recommendations for the client.
B. Distinguish between fact and opinion when making recommendations.
C. Update information in the clients situation at least semi-annually.
If a corporate bond is non-refundable, the issuer:
A. Must leave the bonds outstanding until their scheduled maturity.
B. May call the bonds and issue common equity in their place.
C. May issue zero coupon bonds and use the proceeds to call the bonds.
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