Bond issue costs have the effect of

A) decreasing a bond discount.
B) increasing a bond premium.
C) decreasing the effective interest rate.
D) decreasing a bond premium.


D

Business

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Claim refusals are not necessary when a warranty does not apply or has expired or a customer has misused a product

Indicate whether the statement is true or false

Business

Benjamin’s group reached an outcome that was beyond the abilities of the individual team members but that was possible because of the efforts of the group. What Benjamin’s groups experienced was a ______ gain.

A. focus B. conflict C. process D. group

Business

According to the profession's rules of conduct, an auditor would be considered independent in which of the following instances?

A) The client has not paid its audit fees for the past three years. B) The client is the only tenant in a commercial building owned by the auditor. C) The auditor has a personal chequing account in a branch of a client bank. D) The auditor is the officially appointed stock transfer agent of a client.

Business

Using ________, many retailers deliberately sell products below their normal prices (and sometimes below cost) to attract attention and additional store traffic.

A. below-market pricing B. loss-leader pricing C. penetration pricing D. prestige pricing E. customary pricing

Business