The result of using the effective interest method of amortization of discount on bonds is that the
a. interest expense for each amortization period is constant.
b. effective interest rate for each amortization period is constant.
c. amount of interest expense decreases each period.
d. cash interest payment is greater than the interest expense.
b
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Which of the following is not a requirement for disclaiming a warranty?
A. Inclusion of the word merchantability if merchantability is to be disclaimed. B. An explanation of why the warranty is being disclaimed. C. A conspicuous writing. D. Statutory authorization.
Teddy works at the local department store. Her boss, Charlie, had important information about the company who made the purses and how they were to be displayed in the store. Teddy was so excited about the new purses that she did not pay attention to what Charlie was explaining. This is an example of what perceptual distortion?
A. selective attention B. recency effect C. primary effect D. impression management
Good marketing research looks to develop answers to fit a predecided outcome.
Answer the following statement true (T) or false (F)
Which of the following levels of organization mediates between the technical group and top management?
A) Technical B) Organizational C) Managerial D) Institutional