Another name for the effective rate is the stated, or quoted, rate

How should you conclude each interview with an expert?

Inform the expert that you will be calling him or her later to verify points. Express your appreciation and ask for permission to telephone later to verify points. Ask a lot of open-ended questions in the last five minutes.

A law firm provides legal services for clients who do not pay immediately. There is no effect on the counting equation until the client pay for the services

Indicate whether the statement is true or false