When estimating the cost of debt financing from bonds, a firm can use the yield-to-maturity as the before-tax cost of debt

The adjusting entry to record an accrued expense always involves a debit to a liability account and a credit to an expense account.

a. true b. false

Market-based job evaluation uses which approach to collect data to determine prevailing pay rates?

A) behavioral observation B) interviews C) self-assessment D) surveys