A bond which is noncallable for a period of time after which it is freely callable is called a deferred call bond

Indicate whether the statement is true or false.


Answer: TRUE

Business

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If a company uses the direct write-off method of accounting for bad debts,

a. It is applying the matching principle. b. It will record bad debt expense only when an account is determined to be uncollectible. c. It will reduce the accounts receivable account at the end of the accounting period for estimated uncollectible accounts. d. It will report accounts receivable in the balance sheet at their net realizable value.

Business

Storage and retrieval on sequential storage devices are slow but the devices are inexpensive, which makes tapes suitable for backup purposes.

Answer the following statement true (T) or false (F)

Business

Demographic incidence is the percentage of respondents that qualify for a survey based on screening for things like product use, ailments, or a particular behavior

Indicate whether the statement is true or false

Business

Maxwell’s manager asked for Maxwell’s user name, password or other login credentials for Maxwell’s personal social media accounts so that the manager could see what Maxwell shared with friends and family about work and other topics. This could be a violation of Maxwell’s right to ______.

A. free consent B. due process C. privacy D. freedom of conscience

Business