A higher bond rating usually means a lower yield

Indicate whether the statement is true or false.


Answer: TRUE

Business

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As a rule, only _____ risk is insurable.

A. business B. market C. pure D. credit

Business

People who can claim an organization as their legal property are called

a. owners. b. the board of directors. c. financial institutions. d. customers. e. employees.

Business

Financial accounting information is used primarily by management

Indicate whether the statement is true or false

Business

A general journal provides a place for recording all of the following except:

A. The amount of each debit and credit. B. The balance in each account. C. The transaction date. D. The names of the accounts involved. E. An explanation of the transaction.

Business