Commercial paper is the term applied to notes issued by those major corporations with poor credit ratings

a. True
b. False
Indicate whether the statement is true or false


False

Business

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When bonds are called for retirement, any excess of the bonds' call price over the bonds' carrying value is reported as a gain on the income statement

Indicate whether the statement is true or false

Business

Private companies and nonprofit organizations are also influenced by the Sarbanes-Oxley Act's accounting and corporate governance rules.

Answer the following statement true (T) or false (F)

Business

The term _____ value refer to the estimated proceeds on the disposition of an asset less all removal and selling costs

a. salvage b. present c. future d. end game e. current

Business

An R square of 1.0 indicates:

a. the standard error in the data is equal to 1%. b. a perfect correlation between the independent and dependent variables. c. that the independent variables are insignificant. d. that the slope of the cost equation will be 1.

Business