A balanced scorecard contains both customer and internal business process performance measures because improvements in internal business process should result in improvements in customer satisfaction.
Answer the following statement true (T) or false (F)
True
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All of the following are true of known liabilities except:
A. Can arise form laws. B. Are measurable. C. Include accounts payable, notes payable, and payroll. D. May depend on some future event occurring. E. Can arise from agreements or contracts.
When the harassment of co-workers creates a hostile working environment, an employee may have a cause of action against an employer
Indicate whether the statement is true or false
Zero coupon bonds pay no intermediate cash flows prior to maturity
Indicate whether the statement is true or false
A firm has a committed line of credit with a maximum of $1.2 million and an interest rate of 12% (EAR) with a certain bank. The commitment fee is 0.6% (EAR)
The firm borrows $500,000 at the start of the year and then repays it at the end of the year. What is the total cost of the loan? A) $60,000 B) $64,200 C) $76,300 D) $95,000