Given the information below, which bond(s) will be issued at a premium? Bond 1Bond 2Bond 3Bond 4Stated Rate of Return5%10%7%10%Market Rate of Return7%8%7%9%

A. Bond 1.
B. Bond 2.
C. Bond 3.
D. Bonds 2 and 4.


Answer: D

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L. Lane received $12,000 from a tenant on December 1 for four months' rent of an office. This rent was for December, January, February, and March. If Lane debited Cash and credited Unearned Rental Income for $12,000 on December 1 . what necessary adjustment would be made on December 31?

a. Unearned Rental Income ............. 3,000 Rental Income .................... 3,000 b. Rental Income ...................... 3,000 Unearned Rental Income ........... 3,000 c. Unearned Rental Income ............. 9,000 Rental Income .................... 9,000 d. Rental Income ...................... 9,000 Unearned Rental Income ........... 9,000

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Which of the following is categorized as a nonroutine cognitive skill?

A. tax accounting B. data entry C. symbolic thinking D. marketing knowledge E. systems thinking

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Blogging tools (e.g., WordPress, Twitter) have proven to be an ineffective form of social media in helping marketers educate their potential customers.

Answer the following statement true (T) or false (F)

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