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NEW QUESTION: 1
Which of the following would provide the best audit evidence regarding the effectiveness of an applied research department?
A. Develop a cost-per-product analysis for products developed over the past five years.
B. Compare the number of this year's new product developments to the number of new product developments for the past five years.
C. Develop a report on revenue generated by or cost savings directly attributable to newly developed products.
D. Compare research as a percentage of revenue between this company and all major competitors in the same industry.
Answer: C

NEW QUESTION: 2
________ is a position in which, if a property's return below its debt cost, the investor's return will be less than from an all-cash real estate deal.
A. None of these answers
B. Negative leverage
C. Excess financing
D. Positive leverage
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Remember that, in real estate, the use of debt financing to purchase a piece of property will affect its risk- return parameters.