Corporate bonds __________ .
A. lose value at the maturity date nears
B. offer a predictable return to investors in the form of interest or coupon payments
C. appreciate in value as the maturity date nears
D. maintain their value even in periods of changing interest rates
Answer: B. offer a predictable return to investors in the form of interest or coupon payments
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Which of the following illustrates the internal control procedure—separation of duties?
A) Cashiers must not have access to accounting records. B) External auditors will monitor internal controls. C) Electronic devices must be installed to reduce theft. D) The invoices and other documents must be pre-numbered.
Faith is a big fan of a popular musical group, so she created a place for other fans to communicate with each other online. Faith created a ________
A) forum B) microblog C) blog D) social network E) microsite