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marshall27 [118]
2 years ago
10

The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This

document describes the number of bonds authorized, their par value, and the contract interest rate. Multiple choice question. indenture article document agreement
Business
1 answer:
N76 [4]2 years ago
3 0

Answer:

indenture

Explanation:

a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company

a bond indenture would contain the following :

  1. The purpose why the bond was issued
  2. The stated interest rate of the bond
  3. The dates when interests would be paid to bondholders
  4. A list of covenants the issuer is subjected to in the period the bond is outstanding
  5. Actions that would be taken in event of non payment of interest and or principal  

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Suppose that you work for an advertising agency and are brought into a meeting where everyone is asked to come up with names for
Simora [160]

Answer:

E) brainstorming

Explanation:

Based on the information provided within the question it can be said that you are engaged in brainstorming. This refers to a group creativity technique in which people within the group provide whatever ideas come to mind that may provide a solution to the problem that is being discussed. The best idea is then chosen by the group and implemented. Which is what the advertising agency in this scenario is doing in order to come up with a name for their new Beach Resort.

5 0
3 years ago
Which of the following is an example of the benchmarking function of the budgeting process? A budget demands integrated input fr
Archy [21]

Answer:

The benchmarking function of budgeting system involves the evaluation of performance of managers.

The correct answer is C

Explanation:

The integration of inputs from different business inputs and function is done at the planning stage of budgeting. It does not involve benchmarking.

Budgeting requires requires close cooperation between accountants and operational personnel. This is referred to as active participation in  budgeting. It helps to overcome behavioural challenges of budgeting.

Budget figures are used to evaluate the performance of managers. This is a benchmarking function of budgeting because it involves the comparison of performance of managers with established criteria so as to determine their level of success.                                          

The budget outlines a specific course of action for the coming year. This indicates that a budget is a financial plan that outlines future courses of action. This does not require benchmarking.

                                                                                                                                                                                                                                                                                                                                                               

7 0
3 years ago
Peterson Company purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $6
Molodets [167]

Answer:

198,000

Explanation:

(960000 - 60,000) / 5 = 180k

Deprecation expense = 180,000 x 5 = 720,000

Deprecation expense from January to April = 4/12 x 180000

720 + 75h

4 0
2 years ago
Which of the following is a benefit to corporate executives when a process is outsourced?
love history [14]

Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

  • From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
  • The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
  • One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.
5 0
3 years ago
Which belief best reflects the economic theories of Karl Marx?
Shtirlitz [24]

Answer:

B. Class tensions will lead to the end of market economies.

Explanation:

According to the Marxists theory, the tension between the capitalist and the working class gives birth to the class conflict in the society. It is tension that is created as the result of the exploitation and conflict between the two. This conflict further would initiate a revolution among the working class that would turn the capitalist class upside down. The exploitation faced by the working class by the capitalists is the major force that would turn them to be rebellious.

7 0
3 years ago
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