If the straight-line method of amortization is used, the amount of unamortized premium on bonds payable willdecrease as the bonds approach maturity

a. True
b. False

Indicate whether the statement is true or false


True

Business

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

1. It might be appropriate to make concessions during negotiations in order to preserve the working relationship. 2. Since negotiation tactics differ from culture to culture, both national and organizational culture must be considered when negotiating. 3. Managers will have more power in the negotiation process if they appear less confident than the other party. 4. The purpose of the negotiation process is to maximize your advantage.

Business

Cash flows from acquiring and disposing of long-term assets are classified as

A) operating activities. B) investing activities. C) financing activities. D) purchasing activities.

Business

Which of the following best describes an umbrella insurance policy?

A) A policy that covers risks to a business B) A policy that covers more than one type of risk C) A policy that covers damage only if it was caused by rain D) A policy that provides coverage beyond the dollar limits of the insured's other policies E) A policy that combines life insurance and fire insurance protection

Business