Generally accepted accounting principles (GAAP) require finance statements prepared on a cash

The empirical measurement of beta can be approached by using least-squares regression analysis to find the regression coefficient (bj) in the equation for the slope of the "characteristic line."

Indicate whether the statement is true or false

Asset backed securities (ABS)are relatively safe investments because

A) they are collateralized only with the highest quality loans. B) because the debt pools are highly diversified. C) because the pool of assets backing the securities is often much larger than the bond issue. D) because the loans in the pool are collateralized with valuable assets such as cars and trucks.