QUESTION 8 Match the actions with the outcomes. Recording lower estimate-driven expenses, such as A. Cash flow from operations increase but cash flow from depreciation and amortization and provision for bad investing decrease. debts B. Boost operating income while keepind the total income Capitalizing normal operating costs, such as software the same. development costs C. Boosts current income but depresses future income. Cutting discretionary but necessary spending D. Boosts current income and cash flow from operations Counting employee perks like corporate jet for but reduce future amounts of the same. private use as nonpoperating expense QUESTION 9 Concerning the term structure of interest rates is false, which of the following statements? O Long-term bonds generally provide lower interest rates than do short-term bonds. O Interest rates tend to move together over time for bonds of different maturities. Yields on short-term bonds are more volatile than yields on long-term bonds. All of the above are correct statements. QUESTION 10 The statement that stock prices follow a random walk implies that: Successive price changes are independent of each other Successive price changes are positively related Successive price changes are negatively related The autocorrelation coefficient is positive