If the straight-line method of amortization is used, the amount of unamortized premium on bonds payable will decrease as the bonds approach maturity
Indicate whether the statement is true or false
True
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______ are the degree to which certain factors contribute to team effectiveness.
A. Social facilitations B. Process losses C. Synergies D. Process gains
Blog posts can benefit from the ________ pattern by emphasizing the big news up front, supported with specifics and background information
Fill in the blank(s) with correct word
What refers to meeting the needs of the present without compromising the ability of future generations to meet their needs?
A) corporate social responsibility B) economic sustainability C) carbon footprint D) sustainability E) closed-loop supply chains
Scenario 16.2 Use the following to answer the questions. The State Farm Group includes several companies. Probably the most well-known company in the group is the State Farm Insurance company, the largest auto and home insurer in the United States. State Farm Insurance provides protection for approximately 78 million policies on auto, fire, life, and health services. It is also a leading insurer of homes and autos in Canada. Another company in the State Farm group is the State Farm Bank, which was opened in 2000, beginning State Farm's entry into the financial services field. However, the State Farm Bank is not a traditional bank, in that it has no branch offices and its services are provided through State Farm agents, a call center, the mail, and on the Internet. It currently serves
over 1.9 million bank accounts. Refer to Scenario 16.2. If State Farm were to decide that its previous method of appropriating the advertising budget was ineffective, it could decide to allocate 2% of its total annual sales to advertising. However, one problem with this method is that A. it makes the bookkeeping too difficult. B. it is tied too closely to sales forecasts. C. a sales decline leads to an increase in the advertising appropriation. D. a drop in sales would cause a drop in the advertising budget. E. competitors may have different advertising objectives.