When the effective-interest method of amortization is used, what happens to interest expense as a bond moves toward maturity?
A. Interest expense rises for bonds sold at either a discount or a premium.
B. Interest expense falls for bonds sold at a discount and rises for bonds sold at a premium.
C. Interest expense falls for bonds sold at either a discount or a premium.
D. Interest expense rises for bonds sold at a discount and falls for bonds sold at a premium.
Answer: D
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A correlation coefficient of -1.0 between two sets of numbers indicates
A. that when one set of numbers goes up, so does the other set. B. a positive correlation between the two sets. C. an indefinite relationship between the two sets. D. a complete lack of any correlation between the two sets. E. that when one set of numbers goes up, the other set goes down.
Which retail channel has the ability to economically provide the most product information for the consumer purchasing products?
A. Stores B. Direct Selling C. Internet D. Automated E. All of these
Powerful parties may withhold the use of power, knowing that if they use it, the low-power party will be more involved in creating the outcome, more satisfied with their role in shaping it, and more committed to implementing and enforcing it without constant oversight and monitoring.
Answer the following statement true (T) or false (F)
A manufacturing plant may be divided into production, sales and marketing, accounting, and human resources with very little crossover between the departments. This is an example of which concept below?
A. departmentalization B. span of control C. bureaucracy D. chain of command