Which of the following statements about bond accounting under the effective interest method is correct?
A) The cash interest paid is calculated as the bond face value ´ the market rate.
B) The interest expense is calculated as the carrying value ´ the market rate.
C) The difference between the cash interest paid and the interest expense is added to the carrying value of bonds sold at a premium.
D) The difference between the interest expense and the interest paid is deducted from the carrying value of bonds sold at a discount.
B
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Contacting people in a job candidate's online network for background information
A) is illegal unless the candidate has listed them as references. B) occurs very rarely, since most employers don't have time to check online networks. C) is possible only when the candidate provides contact information. D) violates Facebook and LinkedIn user agreements. E) is becoming more common among employers.
What group makeup can offer the most effective innovation?
a. a group with the smartest people in the department b. making sure your group makeup has a good mix of people strong in different areas c. a group that follows a strong leader with a clear agenda d. a group that is friendly and works well with each other
Each of the following is a type of cash equivalent except:
a. U.S. Treasury bills. b. commercial paper. c. money market accounts. d. a long-term investment in another company.
________ are the most serious of crimes and are considered inherently evil
A) Infractions B) Misdemeanors C) Felonies D) Summary offences