A necessary element of internal control is
A) database
B) systems design
C) systems analysis
D) information and communication
D
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Clarissa carefully studied all her notes and worked on additional problems, then she took her test online
A) fragment B) run-on C) comma splice D) correct sentence
Securities issued by municipalities do not need to be registered pursuant to the Securities Act of
1933. Indicate whether the statement is true or false
Trudy wishes to buy a national franchise. What information is the seller legally required to provide before she buys the franchise?
Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10.65 percent currently have a yield to maturity (YTM) equal to 15.25 percent. Based on this information, it is understood that BB&C's bonds must currently be selling at _____ in the financial markets.
A. the par value B. a discount C. a premium D. the inflation adjusted interest rate E. a floating interest rate