The bond indenture may provide that funds for the payment of bonds at maturity be accumulated over the life of the issue. The amounts set aside are kept separate from other assets in a special fund called a(n)
A) enterprise fund
B) sinking fund
C) special assessments fund
D) general fund
B
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Preferred stock that limits stockholders to receiving only the stated amount as a dividend is called:
A. Cumulative preferred stock. B. Participating preferred stock. C. Nonparticipating preferred stock. D. Callable preferred stock. E. Convertible preferred stock.
Using bribery as a business tactic may result in fines for U.S. firms. Which of the following types of environmental forces at work does this reflect?
A. competitive B. economic C. legal D. demographic E. technological
Alexa quit her job because she felt it was boring. This would be diagnosed as a(n) ________ level problem.
A. organizational B. situation C. group D. interactional E. individual
Total asset turnover is calculated by dividing net sales by average total assets.
Answer the following statement true (T) or false (F)