Gains Will Result from a Short Sale If

question 22

Multiple Choice

Gains will result from a short sale if

• A)stock prices rise
• B)stock prices fall
• C)stock prices remain stable
• D)The answer is indeterminate.

Understand the obligations of employers under the Occupational Safety and Health Act.

Recognize the legal protections against discrimination in the workplace.

Identify the rights employees have regarding workplace safety and health information.

Understand the legal implications of sexual harassment in the workplace.

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Definitions:

Voting Stock

Shares that give the shareholder a right to vote on company matters, such as electing the board of directors.

Control

The power to direct the financial and operating policies of a business with a view to gain economic benefits from its activities.

Accounting for Business Combinations

The process of accounting for the acquisition of one company by another and combining the financial statements.

Acquisition Method

An accounting technique used in consolidating the financial statements of a group involving a parent and its subsidiaries, recognizing and measuring the assets acquired and liabilities assumed at their fair value on the acquisition date.