Defendants have to initiate a new law suit in order to complain against the plaintiff
Indicate whether the statement is true or false
FALSE
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If the straight-line method of amortization of bond premium or discount is used, which of the following statements istrue?
a. Annual interest expense will increase over the life of the bonds with the amortization of bond premium. b. Annual interest expense will remain the same over the life of the bonds with the amortization of bonddiscount. c. Annual interest expense will decrease over the life of the bonds with the amortization of bond discount. d. Annual interest expense will increase over the life of the bonds with the amortization of bond discount.
Which of the following is an advantage of using the net price method for recording cash discounts on credit sales?
A) It eases communication with customers about their balances. B) It conservatively reflects current period sales revenue. C) It simplifies recording of sales returns and allowances. D) It requires less record keeping than the gross method.
European options can only be exercised on the expiration date but can be sold to another investor on any trading day
Indicate whether the statement is true or false.
Because of electronic auctions, Portsmouth Hospitals NHS Trust's suppliers benefited from reduced administrative and lower transaction costs
Indicate whether the statement is true or false