If you have reached this far, you deserve a break. So we havent provided any heavyweight problems
Question:
If you have reached this far, you deserve a break. So we haven’t provided any heavyweight problems at the end of this chapter. Instead we have included a quiz of the “Trivial Pursuit” variety. You don’t need to know the answers to be a financial wizard, and for the most part they are not to be found in earlier chapters. However, they may help you to impress your friends at smart dinner parties.
Match each of the following individuals with one of the quotations.
• Gordon Gekko | a. “When the music stops . . . things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.” |
• Charles Prince | b. “Where are the customers’ yachts?” |
• John Maynard Keynes | c. “Believing that fundamental conditions of the country are sound . . . my son and I have for some days been purchasing sound common stocks.” |
• John D. Rockefeller | d. The stock market “is, so to speak, a game of Snap, of Old Maid, of Musical Chairs—a pastime in which he is a victor who says Snap neither too soon nor too late, who passes the Old Maid to his neighbor before the game is over, who secures a chair for himself when the music stops.” |
• Fred Schwed | e. “Greed is good.” |
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher