When the market rate of interest is less than the face rate, then the bond issue will be sold at a discount
a. True
b. False
Indicate whether the statement is true or false
False
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Indicate whether the statement is true or false
All of the following are accounting factors that can drive a firm's price-earnings ratio in a given period to be higher than that of other firms in the same industry except:
a. non-recurring expenses or losses in that period b. a greater degree of accounting conservatism that requires expensing R&D or other intangible asset-generating activities c. a less conservative accounting stance that uses straight-line depreciation rather than accelerated methods. d. a greater degree of accounting conservatism regarding accelerated depreciation of PP&E
Management accounting
a. deals primarily with people and organizations outside of the business entity. b. requires only periodic reporting on a regular basis. c. uses any type of useful measurement unit, including physical as well as monetary measures. d. deals only with the double-entry recording system.
With respect to organizational decision-making levels, ________ decisions can be programmed directly into operational information systems so that they can be made with little or no human intervention
A) asymmetrical B) semistructured C) unstructured D) comparative E) structured