Rana purchases a 5%, $100,000 corporate bond at issuance on January 1, 2018 for $91,500. The bond matures in five years. In 2018 Rana will recognize interest income of
A. $5,000.
B. an amount less than $5,000 (but more than $0).
C. an amount greater than $5,000.
D. $0.
Answer: C
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a. is debited and Cash or Accounts Payable is credited. b. is credited and Cash or Accounts Payable is debited. c. and Accounts Payable are credited and Cash is debited. d. and Accounts Payable are debited and Cash is credited.
Which of the following is a fraud scheme affecting the inventory?
a. Refreshing transactions b. Side agreements c. Double counting d. Lapping
________ means that consumers are likely to remember good points made about a brand they favor and forget the good points made about competing brands
A) Selective retention B) Selective distortion C) Selective attention D) Restraint bias E) Subliminal perception
The more an organization knows about a media outlet, the
A) more successful the organization will be in receiving coverage by that outlet. B) more likely the organization will purchase advertising time through that outlet. C) less the organization will have to rely on its public relations staff. D) less effective the organization will be in cultivating the outlet as a connector. E) more likely the outlet will ignore communications issuing from the organization.