The amortization of bond premium increases interest expense over the life of the bonds

Indicate whether the statement is true or false


FALSE

Business

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MacDougall’s 1951 writings argued that ______ explains a country's competitive position?

a. national income levels b. relative endowments of natural resources c. domestic tastes and preferences d. labor productivity

Business

Fenchurch Corp uses the direct write-off method to account for bad debts. What are the effects on the accounting equation of the entry to record the write-off of a customer's account balance?

a. Assets and liabilities decrease. b. Assets and owners' equity decrease. c. Owners' equity decrease and liabilities increase. d. No effect; assets increase and decrease by the same amount.

Business

______ are factors that may, if extreme, cause people to feel overwhelmed by anxiety, tension, and/or pressure.

A. Stressors B. Dysfunctionals C. Functionals D. Perceptions

Business

Which of the following is not one of the characteristics of organic organizations?

a. Specialized tasks b. Decentralized decision making c. Flexibility and adaptability d. Appropriate in high uncertainty environments

Business