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Indicate whether the statement is true or false


TRUE

Business

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If a defendant is found not guilty in a criminal case, the government can retry the case with a new jury.

Answer the following statement true (T) or false (F)

Business

The practice of delegating decision-making authority to the lower levels of management in a company is

A) centralization. B) decentralization. C) performance evaluation. D) authorization. E) hierarchy flattening.

Business

Financial statement analysis involves forms of comparison including:

A. Comparing key items to industry averages. B. Comparing key relationships within the same year. C. Comparing changes in the same item over a number of periods. D. All of these answers are correct.

Business

A company issued 8%, 15-year bonds with a par value of $470,000 that pay interest semiannually. The market rateĀ on the date of issuance was 8%. The journal entry to record each semiannual interest payment is:

A. Debit Bond Interest Payable $31,333; credit Cash $31,333. B. Debit Bond Interest Expense $420,000; credit Cash $420,000. C. Debit Bond Interest Expense $18,800; credit Cash $18,800. D. Debit Bond Interest Expense $37,600; credit Cash $37,600. E. No entry is needed, since no interest is paid until the bond is due.

Business