The given statement is false that when a taxable bond is issued at a discount, taxpayers are required to amortize the discount and reduce the amount of interest.
Bonds are fixed-income securities that reflect loans from investors to borrowers. A bond can be compared to an agreement outlining the terms of the loan and the associated payments between both the lender and borrower. Businesses, cities, regions, and sovereign nations utilize bonds to fund operations and initiatives. Bondholders are the issuer's debtors and creditors.
Bond specifications typically also include terms regarding adjustable or fixed interest payments by borrower, as well as the end date by which the principle of the loan is anticipated to be paid to the bond owner.
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Answer: d. organizational politics.
Explanation:
When actions by individuals in an organization are directed toward the goal of furthering their own self-interests, is known as organizational politics.
Organizational politics are regarded as self serving behavior because the employees look out for themselves only without taking into congnisance if their actions will have an overall positive effect on the organization as a whole.
Answer:
$14
Explanation:
Fee from customers = $4
Fee from producer = $10
Total Fee income received = 10+4 = $14
$14 should be recognized as income for each Riverdance ticket sold.
Ticket Now has sold the ticket (which is assumed to be nonrefundable) and it has performed what is required (to sale the tickets), so recognize the revenue of $14.