Both the form and content of financial statements are currently the same in most countries due to the convergence of accounting implemented by the International Accounting Standards Board

A seasonal discount is a price reduction to buyers who buy merchandise while the products are in season

Indicate whether the statement is true or false

Treasury bonds are subject to ________ risk but are free of ________ risk

A) default; interest-rate B) default; underwriting C) interest-rate; default D) interest-rate; underwriting