Strategic plans are developed farther into the future than tactical plans
Indicate whether the statement is true or false
TRUE
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To the extent that a country sells more goods and services abroad than it buys, there will be:
A) a greater demand for its currency. B) a surplus production of goods and services. C) a scarcity of goods and services within the country. D) a need for revaluation of its currency. E) time for fluctuating its currency.
Taking action to satisfy the other party’s needs and concerns is known as:
A) Assertiveness B) Cooperativeness C) Supportiveness D) Aggressiveness
On January 1, a company issues bonds dated January 1 with a par value of $200,000. The bonds mature in 3 years. The contract rate is 4%, and interest is paid semiannually on June 30 and December 31. The market rate is 5%. Using the present value factors below, the issue (selling) price of the bonds is: n= i= Present Value of an Annuity(series of payments) Present value of 1(single sum)3 4.0% 2.7751 0.88906 2.0% 5.6014 0.88803 5.0% 2.7232 0.86386 2.5% 5.5081 0.8623
A. $205,607. B. $172,460. C. $194,492. D. $22,032. E. $200,000.
Internal users of accounting information manage and operate the company.
Answer the following statement true (T) or false (F)