TheFICO credit-scoring modelhas been updated over the years, resulting in multiple versions of the score. FICO Score 8 is the most commonly used. But the version may vary by lender and credit product, like applying for a credit card versus financing a car. In general,FICO scoresare calculat...
Explain the need for accruals and other adjustments in preparing financial statements.The statement about accrued expenses is correct; a valuation adjustment for an asset converts its historical cost to current market value; accrued revenue arises when revenue has been earned but not yet received....
A and B are incorrect because an interbank offered rate such as Libor or Euribor is a set of reference rates (not a single reference rate) for different borrowing periods of up to one year (not 10 years).【释义】Libor或Euribor等银行间同业拆息率是一组最长为一年(而不是10年)的不同借款...
A. Appreciation is a fall in E when the exchange rate floats while revaluation is a rise in E when the exchange rate is fixed. ; B. Appreciation is a rise in E when the exchange rate floats while revaluation is a rise in E when the exchange rate is fixed. ; C. Appreciation is a...
A. Increased regulations are the most useful means to reduce unethical behavior by market participants. B. Regulators quickly design and implement laws and regulations to address practices that adversely affect the fairness and efficiency of markets. C. New laws D. esigned to reduce or E. liminat...
A. the industry is heavily regulated. B. they are entrusted to protect clients’ assets. C. the profession requires compliance with its code of ethics. 相关知识点: 试题来源: 解析 Solution: B. Investment professionals have a special responsibility because clients entrust them to protect the clie...
Which of the following is the most accurate measure of a bond's interest rates?___. A. Coupon B. Yield C. Current D. Discount 相关知识点: 试题来源: 解析 B解析:为B项。discountyield即yieldonadiscoun**asis“贴现收益率”,是用证券的贴现价值除以其面值,乘以一年的大致天数(360),再除以剩余到...
The value of an index is calculated using either the actual or estimated market prices of the individual securities.C is incorrect. At inception, the value of a total return index will be equal to the price index.【释义】 指数提供者必要时需要调整除数值来避免由于与成分证券价格变化无关的改变...
A. Large financial rewards, such as bonuses, are the most powerful situational influences. B. When decisions making focuses on short-term factors, the likelihood of ethical conduct increases. C. Situational influences can motivate individuals to act in their short-term self-interests without recogniz...
A.Underafixedexchangerate,centralbankmonetarytoolsarepowerlesstoaffecttheeconomy’smoneysupplyoritsoutput.B.Underaflexibleexchangerate,centralbankmonetarytoolsarepowerlesstoaffecttheeconomy’smoneysupplyoritsoutput.C.Underafixedexchangerate,fiscalpolicytoolsarepowerlesstoaffecttheeconomy’smoneysupplyoritsoutput.D....