Assume that all interest rates in the economy decline from 10% to 9%. Which of the following bonds would have the largest percentage increase in price?
A. A 1-year bond with a 15% coupon.
B. A 3-year bond with a 10% coupon.
C. A 10-year zero coupon bond.
D. A 10-year bond with a 10% coupon.
E. An 8-year bond with a 9% coupon.
Answer: C
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A petty cash fund was established with a $600 balance. It currently has cash of $19 and petty cash tickets as shown below:
Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $118
B) credit to Cash Short & Over for $118
C) debit to Petty Cash for $118
D) credit to Petty Cash for $118
A(n) ______ is a revenue center that enhances profitability of the organization through enhancing the productivity of the people within the organization.
A. productivity center B. cost center C. employee engagement D. human resources
Which one of the following statements is NOT true about conflict?
a. Conflict might occur when people have different interests b. Conflict might occur when people have the same interests c. Conflict might occur when access to resources is limited d. None of the above, they are all true
________ is the primary process by which employees learn the knowledge that enables them to understand and adapt to the organization's culture.
A. Networked culture B. Customer service training C. Culture framework D. Socialization E. Communal culture