The value of a bond is the present value of its interest payments plus ________

An entity erroneously recorded a large purchase twice. Which of the following internal control measures would be most likely to detect this in a timely, efficient manner?

A) periodically tracing the purchases journal daily totals to the applicable postings in the general ledger B) sending quarterly confirmations to all vendors C) reconciling monthly statement received from the vendor with the accounts payable subsidiary ledger D) tracing the totals from the purchases journal to the various general ledger accounts

Yuri, a construction supervisor, makes effective use of the Galatea effect, when he tells his construction crew, "I strongly believe that we are going to be thirty days late in building this restaurant."

Indicate whether the statement is true or false.