Which of the following is NOT a reason why the growth strategy is so desirable?
A) There are more opportunities for advancement and promotion.
B) A corporation that experiences successful growth is thought of positively by the marketplace and potential investors.
C) A large and growth-oriented corporation has more clout and influence.
D) A growing firm can cover up mistakes and inefficiencies because of the increase in cash flow revenue.
E) A large and growing firm attracts more acquisition offers.
E
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In practice which market index is most widely used as a proxy for the market portfolio in the CAPM?
A) Dow Jones Industrial Average B) Wilshire 5000 C) S&P 500 D) U.S. Treasury Bill
When sending confirmations during most audits of accounts receivable, the emphasis is often on confirming larger and older accounts
Indicate whether the statement is true or false