The purpose of information in financial accounting is to communicate the organization's financial position to investors, banks, regulators, and other outside parties

Indicate whether the statement is true or false

TRUE

Business

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An agreement to exchange interest payments based on a fixed payment for those based on a variable rate (or vice versa) is known as a/an:

A) forward rate agreement. B) interest rate future. C) interest rate swap. D) none of the above

Business

Which of the following CDSS support facilities supports information searching?

A) agents and event notification B) virtual catalogs C) blogs D) customer testimonials

Business