What is the best defense against damaging social media and grapevine rumors?

A) a defensive management team, always ready to act
B) a strong and candid internal communication system
C) a system of mandated approvals for all communications
D) job screening for all potential employees

B

Business

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You own a bond with a face value of $1000 and a conversion ratio of 45. The conversion price is closest to:

A) $18 B) $22 C) $45 D) $1000

Business

A company with a fully funded pension plan:

A. Recognizes no pension expense. B. Reports no long-term liability for future pension payments. C. Does not utilize the services of a trustee to operate the pension plan. D. Recognizes pension expense equal to the cash payments made to retirees during the current period.

Business