The socialization process in organizations serves the primary purpose of enabling new employees to make friends and acquaintances

Accounting profits, adjusted for taxes and differences in accounting methods, provide the best

measure of relevant cash flows for capital budgeting purposes. Indicate whether the statement is true or false

Which of the following characteristics apply to exchange-traded funds (ETFs)?

I. unlimited number of outstanding shares II. typically track the performance of some index III. market prices reflect demand for the fund rather than NAV. IV. shares are purchased from and redeemed by the investment company managing the fund. A) I and II only B) II and III only C) I, II and III only D) I, II and IV only