A company received cash proceeds of $206,948 on a bond issue with a par value of $200,000. The difference between par value and issue price for this bond is recorded as a:
A. Credit to Premium on Bonds Payable.
B. Credit to Interest Income.
C. Debit to Discount on Bonds Payable.
D. Credit to Discount on Bonds Payable.
E. Debit to Premium on Bonds Payable.
Answer: A
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Which accounting convention requires a note to the financial statements explaining the company's method of revenue recognition?
A) Comparability and consistency B) Materiality C) Conservatism D) Full disclosure
As part of her job as a stock clerk, Breanna is required to take inventory to identify items to be restocked. At the beginning of each quarter, Breanna and her manager set a goal for reducing the amount of time it takes to get items restocked. This quarter, her goal is to reduce the time by 10%. At the end of the period, Breanna will review her numbers with her manager. If she has reduced the restock times by 10%, she will receive a raise. Breanna’s performance appraisal is done using the ______ method.
A. critical incidents B. management by objectives C. ranking D. behavioral anchored rating E. qualitative ranking
The metrics that focus on how well the HR department accomplishes its critical processes to support organizational effectiveness are ______.
a. strategic realignment b. predictive analysis c. computing infrastructures d. administrative process efficiency
Ted is a higher self-monitor than Theresa, so all things being equal, Ted is likely to receive higher performance ratings from their manager than does Theresa
Indicate whether the statement is true or false.