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Neko [114]
3 years ago
9

A premium bond is defined as a bond that: Multiple Choice A) has a duration that is less than 1.0. B) has a face value that exce

eds its market value. C) is callable at a price which exceeds the face value. D) has a market price that exceeds par value. E) is selling for less than face value.
Business
1 answer:
zepelin [54]3 years ago
6 0

Answer:

D) has a market price that exceeds par value

Explanation:

Option A, incorrect, because duration is not less than 1 always and here duration might be less than or equal to maturity.

Option B, incorrect, the face value is less than market value in premium bond.

Option C , incorrect, because a premium bond could be non callable

Option D, correct, because market value of of bond is higher than par value on premium bond.

Option E, correct, it is a discount bond when price is less than par value

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rosijanka [135]

Answer:

b) People who operate and function within the control system.

Explanation:

Internal controls are the process and mechanisms that an organization puts in place to ensure the integrity of its accounting and financial information. Internal control helps a business achieve operational efficiency and effectiveness. It ensures that a company financial reporting complies with the relevant laws, policies, and regulations.

The people working in internal control determines whether the mechanisms will succeed or fail.  Employees assigned in internal control must be of high integrity and be able to discharge their duties without fear or favor.  Internal control protects company resources from theft, wastage, or misuse. For internal control to achieve its purpose, the Individuals in that department must not comprise in any situation.

6 0
2 years ago
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:
RideAnS [48]

When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account

<h3>What is a unit of account?</h3>

A unit of account is a standard numerical unit of money used for measuring goods and services.

According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.

Learn more on unit of account here; brainly.com/question/12730352

#SPJ12

8 0
2 years ago
Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ine
Misha Larkins [42]

Answer:

Medium of exchange

Explanation:

Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.

4 0
3 years ago
Managers should _______ in order to empower them, to lead for competence.
kaheart [24]
A is the answer to this question
7 0
2 years ago
1. In what way do organization charts create a picture of an<br> organization?
Allushta [10]

Answer:

In a structural way

Explanation:

the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.

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3 years ago
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