What is meant by a linker?
What will be an ideal response?
A linker (or an inflation-linked bond) is a bond whose interest rate is tied to the rate of inflation. The U.S. Treasury issues linkers, and they are referred to as Treasury Inflation Protection Securities (TIPS).The first known inflation-indexed bond was issued by the Massachusetts Bay Company in 1780.
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Gross rating points are a measure of the impact or intensity of a media plan
Indicate whether the statement is true or false
The difference between a department's gross profit and its operating expenses is known as the departmental direct operating profit
a. True b. False Indicate whether the statement is true or false
Which one of the following adjustments decreases net income for the period?
a. Recognition of depreciation on plant assets b. Recognition of interest on a note receivable c. Recognition of services that had been provided to customers but the cash has not yet been received d. Recognition of rent as earned that had been received in advance from customers
Which of the following is not an internal control activity for cash?
a. Employees who have access to cash should be bonded. b. Recordkeeping and physical custody of cash should be performed by the same person. c. The amount of cash on hand should be kept to a minimum. d. Banking facilities should be used as much as possible.