A relation that is in domain/key normal form is assured to be free from all anomalies
Indicate whether the statement is true or false
TRUE
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12) Comparing actual results to expected results is part of the ________.
A) controlling function of managerial accounting B) planning function of managerial accounting C) reporting function of managerial accounting D) organizing function of managerial accounting
Treasury securities that mature in 6 years currently have an interest rate of 8.5%. Inflation is expected to be 5% in each of the next three years and 6% each year after the third year. The maturity risk premium is estimated to be 0.1% × (t - 1), where t is equal to the maturity of the bond (i.e., the maturity risk premium of a one-year bond is zero). The real risk-free rate is assumed to be constant over time. What is the real risk-free rate of interest??
A. ?0.25% B. ?0.50% C. ?1.00% D. ?1.75% E. ?2.50%
________ is the acceptance by key stakeholders that you are a genuine business that will still be in operation next year.
A. Generalizability B. Legitimacy C. Efficiency D. Applicability
If a corporation faces a tax rate of 21 percent, the after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950 is ________.
A) 2.68 percent B) 12.76 percent C) 10.08 percent D) 5.11 percent