What role did the credit-rating agencies play leading up to the start of the financial crisis in 2007?
A) Inaccurate ratings provided by credit-rating agencies helped promote risk taking throughout the financial system.
B) The credit-rating agencies were the first to see signs of trouble, and they developed more stringent standards as the housing bubble evolved.
C) Solid ratings provided by credit-rating agencies helped limit risk taking throughout the financial system.
D) The credit-rating agencies were largely uninvolved with the financial crisis.
A
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DCS Partnership, formed on July 8, Year 1, elected to use a fiscal year ending September 30. DCS is required to file its return by which of the following dates?
A. February 15, Year 2. B. April 15, Year 2. C. December 15, Year 1. D. January 15, Year 2.
Factors in the Corporate Culture Index include what characteristics?
a. member identity and team emphasis b. the ratio of outputs to inputs c. control and risk tolerance d. all of the above e. answers a and c