A tariff which imposes a tax as a percentage of the price of a product is known as a(n):
a. fixed tariff b. duty tariff
c. specific tariff
d. ad valorem tariff e. percentage tariff
d
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Which of the following statements is true of the problems associated with channels of communication?
A. Face-to-face conversation denies the opportunity to supplement words with nonverbal cues. B. Nonverbal cues like inflection and tone are unidentifiable in telephonic conversations. C. Written communication has the potential feeling of the message being too impersonal. D. It is typically best to avoid face-to-face communication in an ideal world.
Which of the following statements is TRUE of a bond that is issued at a discount?
A) The bond will be issued at par. B) The stated interest rate is higher than the prevailing market interest rate. C) At maturity, the bond will repay an amount that is less than the face value. D) The bond will be issued for an amount less than the face value.
Lines of credit from the bank need not be disclosed in the financial statements or in the notes
Indicate whether the statement is true or false
Environmental trends arise from all of the following forces EXCEPT:
A. competitive. B. regulatory. C. geographical. D. economic. E. social.