The main disadvantage of direct investment is that the firm loses access to the market in case the government of that country insists locally purchased goods have domestic content

Excessive earnings management typically begins as a result of

a. a regulatory investigation. b. pressure to meet the expectations of stakeholders. c. a downturn in business. d. a violation of generally accepted accounting principles.

Of the following indices, which includes the most comprehensive list of stocks?

a. New York Exchange Index b. Standard and Poor's Index c. American Stock Exchange Index d. NASDAQ Series Index e. Wilshire Equity Index