Answer:
a. Governments may access the resources of fiduciary funds to help support their own programs.
True
b. When a government sponsors an Investment Trust Fund, the portion that belongs to other governments is reported as assets of the Fund, but the portion belonging to the sponsoring government is not.
True
c. The statement of net position for a typical Agency Fund shows assets and liabilities, but no fund balance.
True
d. When reporting on the resources of Pension Trust Funds, equity securities held by the Funds are reported at original cost.
True
Explanation:
Strategic business processes are dynamic, nonroutine, long-term business processes such as financial planning, expansion strategies, and stakeholder interactions.
This is further explained below.
<h3>What is business?</h3>
Generally, An organization or entrepreneurial body that engages in commercial, industrial, or professional activity is what we mean when we talk about "doing business."
In conclusion, Business processes that are dynamic, non-routine, and long-term are referred to as strategic business processes. Some examples of strategic business processes are financial planning, growth plans, and stakeholder interactions.
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Answer:
11.28%
Explanation:
A stock has a beta of 1.15
The expected return on the market is 10.3%
The risk-free rate is 3.8%
Therefore, the expected return on the stock can be calculated as follows
Expected return= Risk-free rate+beta(expected return on the market-risk-free rate)
= 3.8%+1.15(10.3%-3.8%)
= 3.8%+(1.15×6.5)
= 3.8%+7.475
= 11.28%
Hence the expected return on the stock is 11.28%
Answer:
a) The West did not benefit from the industries that sprang up from the Cold War.
Explanation:
To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China. The United States exhausted the USSR and forced China to change its policies on domestic investment.