The amount of unamortized discount at the end of an interest period is equal to the amount of the unamortized discount at the beginning of the period minus the amount of discount that was amortized during the period
Indicate whether the statement is true or false
T
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The bid rate refers to the price at which a bank is willing to sell a unit of foreign currency; the offer rate is the price at which a bank is willing to buy a unit of foreign currency.
a. True b. False
An output of integrated MRP-JIT systems, which is unavailable in an only-MRP system, is a ______.
A. performance report B. time-phased material requirement C. total production cost D. production schedule
Tim mails an offer to Brian on June 15 . Brian receives the offer on June 16 . Tim mails a revocation of the offer on June 17 . Brian mails a letter of acceptance on June 18 . Brian receives the revocation on June 19 . Tim receives the letter of acceptance on June 20 . Was a contract formed?
a. Yes, on June 16. b. Yes, on June 18. c. Yes, on June 20. d. No, the offer was revoked before acceptance.
An ethnocentric attitude ________.
A. prompts managers to have a global view and look for the best approaches and people regardless of origin. B. is the belief that the home country has the best work approaches and practices C. is the view that employees in the host country know the best work approaches and practices D. gives a manager a much broader understanding of what it takes to manage in a global environment