The finance charges for a loan may include
A) fees for a credit check.
B) required insurance fees.
C) interest payments.
D) only choices A and B.
E) All of the above choices.
Answer: E
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When bonds are retired prior to maturity with proceeds from a new bond issue, gain or loss from the early extinguishment of debt, if material, should be
a. amortized over the remaining original life of the retired bond issue. b. recognized in income from continuing operations in the period of extinguishment. c. recognized as an extraordinary item in the period of extinguishment. d. amortized over the life of the new bond issue.
The form of employee reward where employees share in productivity savings resulting from improved performance is referred to as:
a. profit sharing b. share ownership c. gain-sharing d. save-as-you-earn
Which of the following is a secondary source of information for a report?
A. Periodicals B. Telephone surveys C. Interviews D. Direct observations
Which of the following is true of Just-in-Time (JIT) Management?
A) It results in more storage and insurance costs. B) It is a system in which the company produces products only after receiving an order. C) It promotes surplus inventory to prevent production shut-down in case of supply interruptions. D) It requires a surplus inventory of finished goods to ensure timely, or just-in-time, delivery to customers.