In a severe recession, the major source of risk faced by investors who purchase corporate bonds is
A) purchasing power risk.
B) interest rate risk.
C) liquidity risk.
D) default risk.
Answer: D
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The capital account balance in the Balance Sheet credit column of the work sheet always equals the amount shown as the beginning balance on the statement of owner's equity
Indicate whether the statement is true or false
Which of the following is a product cost for a manufacturing company?
A) salary of administrative staff B) wages paid to factory janitor C) commissions paid to sales staff D) depreciation on corporate building
Personal selling makes possible immediate feedback from consumers.
Answer the following statement true (T) or false (F)
The "prepackaged" functions that belong to JavaScript objects such as Math.pow and Math.round are often called ________
a) subroutines b) routines c) methods d) functions