Before it matures, the price of any bond is always less than its face value

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Chan is interested in how the five-stage development model for teams works. She should understand which of the following about the model?

A. Teams may regress to a previous stage. B. Teams will only adjourn at the end. C. Teams always follow the typical stages of development. D. Teams move smoothly through each of the stages in linear order.

Business

Hambly Corp. owned 80% of the voting common stock of Stroban Co. During 2018, Stroban sold a parcel of land to Hambly. The land had a book value of $82,000 and was sold to Hambly for $145,000.  Stroban's reported net income for 2018 was $119,000.Required:Assuming there are no other intra-entity transactions nor excess amortizations, What was the  net income attributable to the noncontrolling interest of Stroban?

What will be an ideal response?

Business

As described in COSO, elements of a monitoring might include which of the following?

A. selecting and developing evaluations to ascertain whether the components of internal control are functioning B. performing evaluations to ascertain whether the components of internal control are functioning C. communicating internal control deficiencies in a timely manner to those parties responsible for taking corrective action D. all of the choices are correct

Business

Which choice below best describes the counterseasonal product demand option?

A) producing such products as lawnmowers and sunglasses during the winter B) developing a mix of products that smoothes out their demands C) lowering prices when demand is slack D) using subcontractors only when demand is excessive E) the breaking of the aggregate plan into finer levels of detail

Business