Answer: D. Whether the gift was reasonable in the circumstances
Explanation:
One of the code of American Institute of Certified Public Accountants is that members should maintain their integrity and be objective in carrying out their duties.
In the situation above, the major consideration should be whether or not the gift is appropriate and reasonable in the circumstances.
Answer:
(2) 4%
Explanation:
The portfolio is considered to be less risky if its volatility is low. The higher standard deviation the more risky is the project. For Duke Energy and Microsoft the investment portfolio required is risk free investment. To calculate the risk free rate we calculate using the formula;
Var Rp = x1 2Var R1 + x2 2Var R2 +2 x1 x2 Corr (R1, R2) SD1 SD2
Var Rp = 0.14 + 0.44 + 2 (1) * (-1) * 6% * 24%
Solving for this we get the risk free investment at 4%.
Answer:
In this instance, Erica is planning to buy a(n) ________ product:
D) shopping
Explanation:
The answer is shopping products because these are goods that people don't buy constantly and because of that they tend to analyze the alternatives that exist to choose the right one considering things like cost, brands and features. In this case, Erica is buying a washing machine and plans to spend time and effort gathering information and making product comparisons which aligns with the definition of shopping products.
Joey would score high on Consideration
Explanation:
Consideration is the advantage that the contract gives you. Everyone in a contract must therefore something promise to do. Furthermore, consideration gives each party a benefit. If the agreement fails to take into account, the agreement may become ineffective.
The trade of value by each party is considered in a contract. Services or products, although consideration can be whatever the parties accept, are most often exchanged or promised in a contract.
For example: Cash.