A firm that concentrates on national cultural differences in terms of averages is more likely to ________

Market-timing strategies try to exploit the investment cycle

Indicate whether the statement is true or false.

A local town received a donation of $300,000 . The donor stipulated that the money be permanently invested with the investment proceeds being used to provide funding for the town's recreation programs

Which of the following best describes the reporting options for this transaction? a. The town should record the $300,000 as an other financing source in the General Fund. b. The town should record the $300,000 as an other financing source in a Permanent Fund. c. The town should record the $300,000 as a revenue in a Permanent Fund. d. The town should record the $300,000 as an extraordinary item in the General Fund. e. The town should record the $300,000 as a Capital Contribution in a Permanent Fund.