Give three examples of economic factors
What will be an ideal response?
Possible answers include inflation rates, interest rates, tariffs, the growth of local and foreign national economies,
exchange rates, unemployment rates, local labor costs, and the availability of critical labor.
You might also like to view...
Reasonable assurance for internal control means that:
a) Inherent limitations of internal control preclude a system of internal control from providing absolute assurance that objectives will be achieved. b) The objectives of internal control vary depending on the method of data processing used. c) Management cannot override controls. d) A well-designed system of internal controls will prevent or detect all errors and fraud.
According to the bird-in-the-hand dividend theory, investors value a dollar of expected capital
gain more highly than a dollar of expected dividends because capital gains are more unpredictable than dividends. Indicate whether the statement is true or false