Firms pay a low interest rate on spontaneous liabilities so these funds are its cheapest source of capital. Consequently, the firm should make arrangements with its suppliers to use as much of this credit as possible.
Answer the following statement true (T) or false (F)
False
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Which of the following correctly describes U.S. GAAP accounting for convertible bonds and the implication of that requirement?
A. Separation of debt and equity components; interest expense is understated. B. No separation of debt and equity components; interest expense is overstated. C. No separation of debt and equity components; interest expense is understated. D. Separation of debt and equity components; interest expense is overstated.
The final stage in the human resources planning process involves
A. evaluating the activities conducted to ensure that they are producing the desired results. B. evaluating the decisions made for legal compliance. C. discharging employees ineffective at realizing organizational goals. D. distributing compensation adjustments. E. restarting the entire process.
Which of the following accounts decreases with a credit?
A) Cash B) Common Stock C) Accounts Payable D) Notes Payable
In using an executive search firm, an employer evaluating the search firm should carefully consider all of the following indications that the firm can do competent work EXCEPT:
A. the firm combines the research and recruiting responsibilities into one function. B. the firm understands how the employer functions within the industries served. C. the firm has defined its market position by industries rather than by disciplines. D. the firm is performance oriented and compensates a search salesperson substantially on the basis of assignment completion.