The journal entry a company records for the issuance of bonds when the contract rate and the market rate are thesame is to
a. debit Bonds Payable, credit Cash
b. debit Cash and Discount on Bonds Payable, credit Bonds Payable
c. debit Cash, credit Premium on Bonds Payable and Bonds Payable
d. debit Cash, credit Bonds Payable
d
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Management can expect various benefits to follow from implementing a system of strong internal control. Which of the following benefits is least likely to occur?
a. reduced cost of an external audit. b. prevents employee collusion to commit fraud. c. availability of reliable data for decision-making purposes. d. some assurance of compliance with the Foreign Corrupt Practices Act of 1977. e. some assurance that important documents and records are protected.
Understanding the ways people act and interact within organizations provides three key advantages. Which of the following is not one of the three key advantages?
A. explaining behavior B. predicting behavior C. influencing behavior D. controlling behavior
Terminating a franchise results in more lawsuits than any other issue in franchising.
Answer the following statement true (T) or false (F)
In a process sequence where a product flows from process A to process B, process B is called the contingent process.
Answer the following statement true (T) or false (F)