Highlighting a benefit to the reader should be done in the? _________ of the message.
A. opening
B. salutation
C. post script
D. close
E. body
Answer: D. close
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Which of the following is a security in which a saver buys the security for a given time to maturity, earning interest at the specified rate?
A. Commercial paper B. Debenture C. Government bond D. Certificates of deposit
Workplace problems that lack clarity and cannot be solved by leader expertise or normal organizational structures are ______.
A. regulatory challenges B. adaptive challenges C. technical challenges D. combined technical and adaptive challenges
On January 1, a company issues bonds dated January 1 with a par value of $680,000. The bonds mature in 3 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds are sold for $662,000. The journal entry to record the first interest payment using straight-line amortization is:
A. Debit Interest Payable $23,800; credit Cash $23,800. B. Debit Interest Expense $20,800; debit Discount on Bonds Payable $3000; credit Cash $23,800. C. Debit Interest Expense $23,800; credit Premium on Bonds Payable $3000; credit Cash $20,800. D. Debit Interest Expense $26,800; credit Discount on Bonds Payable $3000; credit Cash $23,800. E. Debit Interest Expense $23,800; credit Cash $23,800.
Effective comparative estimates rely most heavily on:
A) An accurate inflation factor. B) The correct number of years elapsed between the old project and the current one. C) True comparability between the current project and previous project work. D) The correct number of employees on the new project compared with the previous one.