The errors in a regression model are assumed to have zero variance

Because demutualization is a slow and cumbersome process, some states have enacted legislation that allows a mutual company to be reorganized so that it may own or acquire control of stock companies that can issue additional shares of common stock. The reorganized mutual company is called a(n):

(a) mutual holding company (b) captive insurance company (c) shell insurance company (d) fronting insurance company

Method of managing net income by selling investment "winners" in order to report the gains in income, and holding on to the losers. Also referred to as "cherry picking," "snacking," or "sell the best and keep the rest."

(a) amortized cost (b) gains trading (c) cash flow hedge (d) trading securities