Which of the following statements regarding amortization is true?
a. Amortization of the premium causes the premium on bonds payable account to increase.
b. Amortization of the premium causes the amount of interest expense to increase.
c. Cash interest payments on bonds equals interest expense on the income statement when there is amortization of bond premium.
d. Amortization of premium continues over the life of the bond until the balance in the account is reduced to zero.
d
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How is the location of a manufacturing base dependent on foreign exchange rate of a country's currency?
What will be an ideal response?
Which of the following was noted by leaders as a result of the change at ABA?
a. more trusting relationships b. expanded locations c. increased technology usage d. new employees
Which of the following is true of the priority of claims?
A) If two or more secured parties claim an interest in the same collateral but only one has perfected his or her security interest, the perfected security interest has priority. B) Although one of the parties to claim an interest in the collateral has perfected his or her security interest, all the parties are given fair and equal priority. C) If two or more secured parties claim an interest in the same collateral but neither has a perfected claim, they are given equal priority irrespective of attachments. D) If two or more secured parties claim an interest in the same collateral but neither has a perfected claim, the first to claim has priority.
Which of the following is less likely to occur under the Canadian labor relations system than the U.S. and system?
A. Instant representation elections B. Card check recognition C. Arbitration to establish a first contract D. Right-to-work laws