Although interest rates are generally higher on long-term debt, using more long-term debt rather
than short-term debt can reduce the risk of illiquidity and decrease uncertainty related to interest
rate changes.
Indicate whether the statement is true or false
TRUE
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Which one of the following statements best describes the term "outstanding check?"
a. A check written by the company and presented to the bank for payment. b. A check written by the company but not yet presented to the bank for payment. c. A check written by a customer that has been presented to the bank for payment. d. A check written by a customer that has not yet been presented to the bank for payment.
An example of a direct cost that can be specifically identified with a job and does not have to be allocated to the job using an overhead rate is:
a. travel expenses. b. fringe benefits. c. utilities. d. office machine lease costs.
Stephanie really does not care if she makes her goal of opening 10 new retail charge accounts during her shift. Stephanie appears to be a problem employee who ______.
A. lacks motivation B. lacks ability C. breaks rules D. has problems
A sign at a Tokyo hotel once read, "You are invited to take advantage of the chambermaid," and a dry cleaner in Majorca urged passing customers to "drop your pants here for best results"
These are examples of ________ in global markets that international market researchers must consider. A) technological barriers B) cultural differences C) local customs D) ethnocentric positions E) language barriers