Most of my friends said that they are not capable of answering questions in a very short time, but when I did well in the exam, I was actually happy that I prepared so much. There is no better feeling than knowing that you are prepared when you take a challenging test. It helps you relax better when you come face-to-face with the real homework that comes during exams.
One thing I really enjoyed about the dissertation is that most of the questions are related to the main topic or economic issues that are dealt with throughout the book. For example, one question asks me to analyze whether current market interest rates are still in good taste given the long term implications of high interest rates. I have been taught that economic policies that have short-term benefits at the expense of long term damage are not advisable. This is one of the main arguments of monetarily sound investing, and the book goes into more depth on that.
Another interesting question deals with macroeconomics. The current economic policy in the United States has had a profound effect on the foreign investments in the country. Some of the countries such as Ireland and Singapore have reduced their investments in the United States because they felt that the economic policy of the country was not sustainable. This would indicate that a foreign country would invest more money in the United States if the economy was healthy enough to support such an investment. I decided to put this question to the dissertation committee so that they could decide whether a foreign country would invest in the US economy if the policy favoring capital gains were rolled back.
Another important question concerns the portfolio theory. This refers to the idea that the value of any given portfolio would remain unchanged even if economic conditions in different economic areas changed. The portfolio theory can be used to solve the problem of what to do with portfolios that contain goods that are not economically feasible in every area under observation. An easy example of this would be a portfolio that invests money in raw materials for manufacturing. Even if the prices of those commodities increase, the portfolio would retain its value since it is all directly connected to the costs of production.
Another question that I was asked concerned the theory of perfect competition. In economics, competition means two things. It implies that firms with the most efficient technology and the strongest economy will be able to deter their potential competitors from producing a product that is better than theirs. However, the more important meaning of competition comes from the willingness of companies to enter into mutually beneficial transactions with other businesses. In other words, the more efficiently and effectively a firm market itself, the more willing it would be to enter into deals with other firms that are economically similar.
Finally, I was asked what my theory of perfect competition indicated for me as a manager. My answer was that I would want to keep all of the value that my portfolio was invested in by using the “age-old” technique of making investments with the highest return probabilities. That would keep my portfolio from “aging” too quickly and giving the stock-market a bad reputation. After all, I would also want to use my profits to expand my own firm so that I could increase its market share. Now you see why I chose to take my empirical research in financial accounting ii quiz for me?
If you would like to take my empirical research in financial accounting ii quiz for yourself, I encourage you to start by going back through Part I. Then, go back through Part II and review the results you got from your own analysis. By following this methodology, you would probably end up with some very useful findings about how to allocate capital and why some ventures will turn a profit while others will not. And since the process of allocation is such an important part of the overall efficiency of the firm, there would also likely be an increase in productivity. This means both higher overall profits for the firm and more income from workers at the company.
