The Franchise Registry maintained by the U.S. Small Business Administrationa) lists warnings about certain franchise systems.○ a)○ b)speeds up loan processing for small business franchisees.○ c)registers all franchise systems operating in the U.S.○ d)rates franchise systems according to a four star rating.

The Franchise Registry, managed by the U.S. Small Business Administration (SBA), serves as a…

Answered: The Franchise Registry maintained by…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Customer loans are classified on a Depository Institution (DI)'s balance sheet as Select one: A. liabilities, because the customer may default on the loan. B. assets, because the DI earns servicing fees on the loan. C. assets, because the DI's major asset is its client base. D. assets, because DIs originate and monitor loan portfolios. E. liabilities, because the DI must transfer funds to the borrower at the initiation of the loan.
2.Explain the environmental factors that lead to national differences in accounting. 3.What are the two main legal systems operating worldwide? How might these affect accounting? Countries that rely on capital markets for finance, as opposed to banks and governments, are likely to expect greater levels of public disclosure in their accounting systems. Evaluate this argument and provide examples. 5.Outline and discuss three cultural aspects that can differ across countries. How do these cultural differences relate to differences in accounting systems? 6.What does accounting harmonisation mean? Differentiate harmonisation from convergence or adoption. 7.Explain the benefits of global adoption of IFRSs. 8. Outline the key challenges of US GAAP and IFRS convergence.
The credit bureau score model of credit scoring examines: Group of answer choices D. In-house data collected A. Credit card data collected from several banks B. Applicant profile C. FICO scores
When a company decides to extend credit to consumers, it is making an investment decision in: a. Trade Credit b. Accounts Receivables c. Inventories d. Marketable Securities
Which of the following statements are true about globaliza-tion methods? a. International licensing involves the creation of a new company that is owned by two or more firms from dif-ferent countries. b. Exporting involves contracts that allow a foreign com-pany to use a domestic company’s trademarks, patents, processes, or technology.c. Global sourcing involves the close coordination ofresearch and development, purchasing, marketing, andmanufacturing across national boundaries.d. A wholly owned international subsidiary is createdwhen a foreign government owns 100 percent of theequity in a U.S.-based firm.
The main law that guides trade and commercial transactions in the United States is: O The Tariffs and Trade Agreement O The Department of Commerce Rule Book O The Uniform Commercial Code O The Dodd-Frank Act
If an American purchases a ticket from Scandinavian Airlines, paying by a personal check, which of the following entries would be the result? Group of answer choices a. a credit in Norway's service account b. a debit in Norway's service account c. a credit in the U.S. unilateral transfers account d. a debit in the U.S. unilateral transfers account
The following flow diagram illustrates a documentary bank collection as a method of payment in an international trade transaction. Fill in the missing information for 5.1-5.6, and then describe steps 1 to 6. 2 Seller 5.1 5.2 Seller's Bank 6 Shipment 1 5 5.3 5.4 3 Buyer 5.5 5.6 Buyer's Bank
International Accounting Standards and Bonus Compensation The International AccountingStandards Board (ww.ifrs.org) is a London-based independent organization that develops and interprets International Financial Reporting Standards (IFRS). The mission of the IASB is to develop asingle set of high-quality, globally accepted accounting standards. About 150 countries throughoutthe world either permit or require IFRS for publicly held companies in their country. The U.S.continues to use generally accepted accounting principles (GAAP) as developed by the U.S.-basedFinancial Accounting Standards Board (FASB). The FASB, under the guidance of the SEC, hasdeveloped a plan in which the FASB and the IASB work together to complete a convergence ofIFRS and GAAP. The timetable for convergence is not firmly set, but many believe it may be onlya matter of time before U.S. firms will be using IFRS or something very much like it. Some of thenotable differences between GAAP and IFRS are that IFRS does…
The financial statements in assumption requires that companies in the United States prepare financial statements in because they are the recognized medium of exchange in the respective companies. and companies in Japan prepare
Where are the EU regulations successful in ensuring financial statement comparability between enterprises based in many countries? What are your reasons for or against?
Multiple choice: 1. The accounting standards that are currently used in the Philippines are referred to as the A. Juan’s GAAP. B. Philippine Financial Reporting Standards (PFRS). C. Filipino Accounting Standards (FAS). D. Philippine GAAP. 2. Accounting is described in various ways. Which of the following is not one of those descriptions? A. Accounting is a process and a service activity. B. Accounting is a social science and a practical art. C. Accounting is the “language of business” because it is fundamental to the communication of financial information. D. Accounting is the art of professionally stealing money and other evil purposes.

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