The write-off of the cost of a wasting asset is called amortization
a. True
b. False
Indicate whether the statement is true or false
False
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When project managers impose a solution to dysfunctional conflict after listening to each party, they are ________ the conflict.
A. Controlling B. Mediating C. Encouraging D. Arbitrating E. Eliminating
Which of the following is an example of sampling?
A) offering a free drug to a physician B) offering a free toy in a Cracker Jack box C) offering redeemable points with each purchase D) offering a bonus pack which provides larger sizes for the same price as a smaller size 22
The Norran Company needs 15,000 units of a certain part to use in its production cycle. If Norran buys the part from Waterloo Company instead of making it, Norran could not use the released facilities in another activity; thus, all of the fixed overhead applied will continue regardless of what decision is made. Accounting records provide the following data: Cost to Norran to make the part: Direct
materials, $3 Direct labor, $12 Variable overhead, $13 Fixed overhead applied, $8 Cost to buy the part from the Waterloo Company, $27 What should Norran's decision be, and what is the total cost savings that would result? a. Buy, $90,000 b. Buy, $15,000 c. Make, $90,000 d. Make, $15,000
Which of the following statements is CORRECT?
A. A 10-year, 10% coupon bond has less reinvestment rate risk than a 10-year, 5% coupon bond (assuming all else equal). B. The total return on a bond during a given year is the sum of the coupon interest payments received during the year and the change in the value of the bond from the beginning to the end of the year. C. The price of a 20-year, 10% bond is less sensitive to changes in interest rates than the price of a 5-year, 10% bond. D. A $1,000 bond with $100 annual interest payments that has 5 years to maturity and is not expected to default would sell at a discount if interest rates were below 9% and at a premium if interest rates were greater than 11%. E. 10-year, zero coupon bonds have higher reinvestment rate risk than 10-year, 10% coupon bonds.