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All of the following contributed to the financial crisis in 2008 EXCEPT Multiple Choice government bailouts. questionable lending practices. excessive risk taking. investments based on
All of the following contributed to the financial crisis in 2008 EXCEPT Multiple Choice government bailouts. questionable lending practices. excessive risk taking. investments based on subprime mortgages. declining housing prices. A company with a low return on assets Multiple Choice is making profits. does not have debts. is not using its assets very productively. is lending its assets to other companies. invests money in its assets. When Fly Away Airlines needed to purchase some expensive airplanes to expand its business, which of the following institutions would the company most likely turn to for help financing this purchase? Multiple Choice an insurance company a brokerage firm a pension fund a mutual fund a diversified firm The Act prohibited commercial banks from being in the insurance and investment banking business. Multiple Choice Celler-Kefauver Sarbanes-Oxley Gramm-Leach-Bliley Glass Steagall Dodd-Frank Which of the following types of accountants is likely to have a title such as controller, tax accountant, and internal auditor? Multiple Choice private accountant certified public accountant forensic accountant certified fraud examiner noncertified accountant
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