The journal entry a company records for the issuance of bonds when the contract rate is greater than the marketrate would be
a. debit Bonds Payable, credit Cash
b. debit Cash and Discount on Bonds Payable, credit Bonds Payable
c. debit Cash, credit Premium on Bonds Payable and Bonds Payable
d. debit Cash, credit Bonds Payable
c
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The newest theory of leadership is Great-man theory.
a. True b. False
____________ maintain the status quo, promote stability, and ensure the smooth running of operations.
What will be an ideal response?
____________________ procedures make it difficult to transfer and promote workers around on the basis of skills and merit.
A. Union-mandated B. Management rights C. Lean production D. Seniority-based
To be enforceable, a memorandum evidencing an oral contract that would otherwise be unenforceable must include the essential terms.
Answer the following statement true (T) or false (F)