首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
A Many companies in the U. S. begin to realise that investors demand financial reporting to be truly presented: creative accoun
A Many companies in the U. S. begin to realise that investors demand financial reporting to be truly presented: creative accoun
admin
2012-01-22
30
问题
A Many companies in the U. S. begin to realise that investors demand financial reporting to be truly presented: creative accounting is no longer acceptable. In response to the criticism about how it booked the gain on the sale of one of its businesses. IBM announced on Feb. 19th that it would expand the informaton it provides investors on such things as its intellectual-property income and the impact on earnings of the company’s overfunded pension plan. And a day later, General Electric Co. Chairman and Chief Executive Jeffrey R. Immelt also pay heed to investors’ calls for better disclosure by promising to provide more detail on how the company’s individual units—including its finance departrment. GE Capital—churn out their earnings.
B Expect this lifting of the veil to spread rapidly throughout corporate America, In the wake of Enron’s collapse and questionable accounting at telecommunications companies such as Global Crossing Ltd., investors are demanding better. more frequent, and more expansive information about companies’ financial health. This rising pressure will force executives in boardrooms across the country to wrestle with exactly how much new information to reveal, much less the question of how to flag changes for investors without causing their stocks to tank. "GE and IBM are bellwethers," says Patrick S. McGurn, vice-president at proxy advisory service Institutional Shareholder Services Inc. "You will see a huge wave of imitation."
C Of course, that’s good for shareholders—and for the long-term health of the market, But the tsunami of new disclosures, unfortunately, isn’t necessarily what the recovering economy needs right now. The trick will be to strike the right balance. Companies that reveal too little, too late will get punished in the market. But dumping too much on shareholders may only muddy the picture further. "If you give too much information, people can get overwhelmed by the minutia, and the important stuff gets buried." says Charles M. Elson, director of the Centre for Corporate Governance at the University of Delaware.
D In fact, IBM and GE join a growing list of companies that have already been compelled to improve their disclosure, At Tyco International Ltd., which has been buffeted by concerns about its complex accounting and financial health, senior execs have begun holding weekly phone conferences with analysts and investors to address questions about its accounting and operations. Franchising giant Cendant Corp. has put detailed information on its Website about its off-balance-sheet entities, while hotel operator Marriott International Inc. recently provided details on write-offs it has taken for loan guarantees as well as some hotel-development projects.
Investors of the company would no longer accept financial reporting that does not clearly reflect a company’s operating health.
选项
答案
A
解析
题目意为:投资者不再接受无法清楚反映公司运营状况的财务报告。A段指出“…investors demand financial reporting to be truly presented; creative accounting is no longer acceptable.”即:投资者要求财务报告是真实的,不接受伪造的账目。其中,文中的creative accounting is no longer acceptable与题干中的 financial reporting that does not clearly reflect a company’s operating health表意相一致。
转载请注明原文地址:https://kaotiyun.com/show/InoO777K
本试题收录于:
BEC中级阅读题库BEC商务英语分类
0
BEC中级阅读
BEC商务英语
相关试题推荐
Lookatthestatementsbelowandatthefiveextractsfromanarticleaboutlossofcontroldownwardinmanagement.Whicharticl
Lookatthestatementsbelowandatthefiveextractsfromanarticleaboutinvestmentandacquisitions.Whicharticle(A,B,C,
Regularecommercemerchantaccountsareexpensive.Butecommerce【S1】______serviceproviderspromote"freemerchant
•Readthetextbelowaboutcomputertrends.•Foreachquestion(31-40),writeonewordinCAPITALLETTERSonyourAnswerShee
•Readthetextbelowaboutcomputertrends.•Foreachquestion(31-40),writeonewordinCAPITALLETTERSonyourAnswerShee
•ReadthefollowingarticleaboutCTO(ChiefTechnologyOfficer)andthequestions.•Foreachquestion(15-20),markoneletter(
•ReadthearticlebelowabouthowtosetupshopontheInternet.•Foreachquestion31—40,writeonewordinCAPITALLETTERSon
•Lookatthestatementsbelowandatthereviewsofvariousnewbusinessproductsontheoppositepage.•Whichreview(A,B,C
•Readthetextbelowabouthowtoorderproducts.•Inmostofthelines(41-52)thereisoneextraword.Itiseithergrammat
Lookatthestatementsbelowandatthefivecommentsbyfivetopbusinesspeopleonhowtoinfluencepeopleatworkontheoppo
随机试题
关于生态平衡的定义,下列正确的
高渗性脱水补液应选择
某市地下水位1.0m,地表以下0~15m为软黏土,孔隙比为0.943,压缩系数为0.650MPa-1,固结系数为4.5×10-3cm2/s,由于抽取地下水引起的水位平均降幅为12m,15m以下为透水层,如不考虑15m以下地层的压缩性,一年后地表的沉降值
贷款人为检查项目对借款人的民众、政策、体制及自然环境所产生的真实影响,在项目完成且关闭了贷款账户后,需独立地进行()。
基金资产账户主要包括( )。
在信用期间、现金折扣的决策中,必须考虑的因素是()。
班会上,有同学说:“《西游记》里孙悟空的‘顺风耳’就是现在的无线通讯技术;‘千里眼’就是现在的天文望远镜;‘筋斗云’就是现在各式各样的飞行器。”有同学说:“《海底两万里》中在海底行走的船就是现在的潜艇。古人的想象力真丰富!”有同学说:“我们现在想到的某种物
随着京津冀一体化上升为国家战略,北京、天津、河北三地协同发展步伐有所加快。然而,一体化进程不会一蹴而就。2013年北京和天津的人均GDP是河北的两倍多,全国211大学北京占26所,河北只有1所;去年北京人均发明专利40个,这一数字是天津的近5倍,
设y=y(x)由dt=x+1-y确定,则=________.
Whydothechangesinclimateoccur?
最新回复
(
0
)