Discretionary financing needed can be positive or zero, but not negative

If money were free from all controls when transferred internationally, the real rate of interest would ________

A) be the same in all countries B) be the same as the inflation rate C) create arbitrage opportunities across countries D) create arbitrage opportunities in developed countries

To ensure proper application of a CPA's technical knowledge, the Public Company Accounting Oversight Board issues:

A) Generally Accepted Accounting Principles. B) Statements of Financial Accounting Standards. C) Accounting Standards Updates. D) Generally Accepted Auditing Standards. E) Sarbanes-Oxley Acts for Accounting.