Today, consumers are price takers and accept prices at face value or as given

Indicate whether the statement is true or false


FALSE

Business

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When your intended message is sent accurately in the least amount of time, you are a(n)

A. economical communicator. B. efficient communicator. C. formal communicator. D. collaborative communicator. E. effective communicator.

Business

When reconciling its accounts, Boris Company found the accounts receivable general ledger account had a balance of $35,000, and the accounts receivable subsidiary ledger account balances totaled $33,000. The most likely reason for this difference was

A) a sale to a customer was recorded twice in the subsidiary ledger. B) cash received from a customer was posted twice to the subsidiary ledger. C) a sale to a customer was not posted to the general ledger. D) cash received from a customer was recorded twice in the general ledger.

Business

What is the approximate yield to maturity for a $1,000 par value bond selling for $1,120 that matures in 6 years and pays 12 percent interest annually?

A) 8.5 percent B) 9.3 percent C) 12.0 percent D) 13.2 percent

Business

Since career choices affect your income, you should choose the career that

A) that pays the highest salary even if you dislike the work. B) that will be enjoyable and will suit your skills. C) that will be the easiest to find employment in. D) that requires the least amount of training or education so you can begin working as quickly as possible.

Business