A(n) ________ is a gathering of 6 to 10 people carefully selected by researchers based on certain demographic, psychographic, or other considerations and brought together to discuss various topics of interest at length

In its conceptual framework, the FASB set out a number of principles to be adhered to in standard setting and in interpreting financial statements. The decision to require a consolidated statement, rather than separate financial statements, for a parent firm and its subsidiary best illustrates which of the following principles or concepts?

A) periodiocity b) going concern c) materiality d) economic entity

If the three-month T-bill rate drops and the Libor rate remains the same, the relevant TED spread:

A. increases. B. decreases. C. does not change.