A bond's value will increase as interest rates rise over time

Indicate whether the statement is true or false


False

Business

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Explain the major functions of the National Labor Relations Board.

What will be an ideal response?

Business

Which of the following is an example of the benchmarking function of the budgeting process?

A) A budget demands integrated input from different business units and functions. B) Budgeting requires close cooperation between accountants and operational personnel. C) Budget numbers are used to evaluate the performance of managers. D) The budget outlines a specific course of action for the coming period.

Business

As a part of a downsizing initiative, Richmond and Sons fired an employee before his employment contract lapsed. Is the employee responsible for mitigating damages? Explain.

What will be an ideal response?

Business

Which of the following can be used to finance a small business?

A) borrowing from other individuals B) using cash generated from current sales C) using one's own savings D) borrowing money from financial institutions E) all of the above

Business