After 40 quarters in covered employment a person achieves "fully insured" status, and may receive Social Security benefits even if he or she never works again
Indicate whether the statement is true or false
TRUE
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When an organization likes to involve its key stakeholders in the decision-making process, this is called ______.
A. distributive justice B. procedural justice C. interactional justice D. all of these
On January 1, a company issues bonds dated January 1 with a par value of $350,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 6% and the bonds are sold for $364,930. The journal entry to record the issuance of the bond is:
A. Debit Cash $364,930; credit Bonds Payable $364,930. B. Debit Cash $364,930; credit Discount on Bonds Payable $14,930; credit Bonds Payable $350,000. C. Debit Cash $350,000; debit Premium on Bonds Payable $14,930; credit Bonds Payable $364,930. D. Debit Cash $364,930; credit Premium on Bonds Payable $14,930; credit Bonds Payable $350,000. E. Debit Bonds Payable $350,000; debit Bond Interest Expense $14,930; credit Cash $364,930.
______________ is use of incentives to influence the actions of others.
a. Coercive power b. Legitimate power c. Expert power d. Reward power
Which of the following dividend payment policies represents a compromise between a stable, predictable dividend policy and a constant payout ratio policy?
A. Free cash flow dividend policy B. Residual dividend policy C. Dividend reinvestment policy (DRIP) D. Equity dividend policy E. Low regular dividend plus extras policy