Carrying value is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?
a. decrease
b. increase
c. remain constant
d. not enough information given to decide
b
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In considering what is navigable waters, the Supreme Court ruled that
A. the definition of navigable water must include all ponds and lakes even if they are not connected to open bodies of water. B. waterways confined to one state can be navigable water if pollutants can leak into drinking water. C. the definition of navigable water excludes intermittent streams or wetlands. D. all waterways including wetlands, intermittent streams, and ponds are all navigable waters.
You are required to report directly to your supervisor every morning. Upon arrival he gives you a large list of tasks to be completed by the end of the day; he states he will be checking in after lunch to see your progress. This is an example of ______.
A. authority compliance management B. team management C. country-club management D. middle-of-the-road-management
The last step in a master budget is to prepare a
A) cost of goods manufactured budget. B) budgeted balance sheet. C) cash budget. D) sales budget.
Selling products on an auction market falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating