Which of the following is a financial risk that may be faced by a business organization?
A) injuries suffered by employees at the workplace
B) lost income after a fire loss
C) product liability risk
D) currency exchange rate risk
Answer: D
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Which of the following statements is true about the global changes in political and economic systems?
A. The West lost the Cold War, and East European communist ideology is now widespread. B. A lack of deregulation has been the cause for the global financial crisis of 2008-2009, and the recession that followed. C. It is guaranteed that democracy will thrive in most of the world's newer democratic states. D. The multipolar world dominated by a number of civilizations of the Cold War era has vanished, and is now being replaced by a bipolar world. E. Many of the undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business.
The pro forma accumulated retained earnings account on the balance sheet is projected to be ________. (See Table 4.4)
A) $62,500 B) $52,500 C) $57,000 D) $67,000