Answer: C. narrow-based calls
Explanation:
Narrow based calls would include calls from one industry. The mutual fund is an "High technology" firm which means that it is a narrow based fund for instance as it is interested only in one industry being the High Tech industry.
The manager should invest in Narrow based calls that focus on the sector if he anticipates that the market will remain flat for the sector. Narrow based Calls are more volatile because they are specific and with the volatility comes higher premiums to be charged.
Should he wish to make income against the portfolio, he should sell these knowing that the options will not be called as the market will remain flat.
Answer:
The answer is: full disclosure principle
Explanation:
Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.
The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.
Answer:
c
Explanation:
A stale green light is light that is about to turn yellow because it has been green for a while
Cover brake involves taking ones foot off the accelerator and hovering it over the brake pedal.
Cover brake is necessary when there is a stale green light in case there is a need to stop suddenly or reduce speed
Answer:
b. external
Explanation:
When an economical event affects something in an indirect way, it is called an <em>external change</em>. It is expected for the economic recession to affect economic factors of course. However, it is imminent that it affects every-day life among people too. Economic factors directly influence life and habits of the U.S. consumer, as it is common for most economic changes.
