Deca finance cluster 2024 - Study guides, Class notes & Summaries

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as __________ laws. A. environmental B. antitrust C. property D. industrial - ANSWER-A. Environmental: The purpose of environmental laws is to protect the natural environment—the air, soil, and water. Environmental laws help reduce pollution and govern the ways in which individuals and all types of businesses (e.g., service, industrial businesses) di...

Which of the following is a reason to analyze financial data: A. To develop financial models B. To identify products which need to be recalled C. To determine a business's qualitative characteristics D. To understand accounting treatment - ANSWER-D Which of the following mutual funds is most likely to be tax inefficient: A. A fund with a high portfolio turnover rate B. A fund with a low portfolio turnover rate C. A fund that concentrates on a specialized sector D. A fund that attempt...