If market interest rates decline,
A) long-term bonds will decline in value more than short-term bonds.
B) short-term bonds will rise in value more than long-term bonds.
C) short-term bonds will decline in value more than long-term bonds.
D) long-term bonds will rise in value more than short-term bonds.
D
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Vaughn Services hires a new accountant to maintain its petty cash fund. Although the employee possesses an accounting degree, he/she had been previously convicted of embezzlement
Which internal control procedure needs to be addressed in the above situation? A) assignment of responsibilities B) competent, reliable, and ethical personnel C) separation of duties D) documents
Product adaptation involves ________
A) altering the product to meet local preferences with no change in communication strategy B) altering the product to meet minimum acceptable standards C) altering both the product and the communication strategy to meet local preferences D) altering neither the product nor the communication strategy while entering a new market E) developing a new product and adapting the communication strategy to enter a new market