Answer:
The orrect option is A "I and III only"
Explanation:
<u>Statement (I)</u> is true as a result of to work out the speed of come is commensurate with the risks concerned as it doesn’t create any intellect to stay the Funds in portfolio.
<u>Statement (III) </u>is true as a result of it is sensible to isolate funds they need undesirable returns or an excessive amount of association with alternative investments
Answer:
c) Provide potential benefits to both the issuer and the investor.
Explanation:
Convertible Bonds are Bonds that can be converted to Common Stocks at the the option of the investor or the issuer.
They represents the potential voting rights to the investor if they are converted to Common Stocks. This means the investor can take part in decision making of the company.
They also presents benefits to the issuer in that it reduces the financial risk of defaulting interest payments. This is good for the gearing ratio as well and can attract more investors.
IF they spend more than they can afford
If they cannot pay back their loans at all
If they cannot pay back their loans on time
hope this helps
Test of controls is when you test controls surrounding a financial process . Substantive test are performed when one tests assertions surrounding a balance.
Answer:
D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.
Explanation:
For developed countries like the U.S, there is a lot of stress in consumption of services such as good health care, appropriate and quality education and among others. These services contribute to a larger proportion of consumption component of GDP than both durable and nondurable commodities. Therefore, the statement “spending on services is smaller than the amount of consumption spending on durable and non-durable goods” is not correct
