Question 1.1. Preferred Stock____________________________________________. (Points : 1) generally offers investors voting rights rarely has additional paid in capital associated with it has dividend preference rarely has fixed liquidation provisions Question 2.2. Long-Term Notes Payable____________________________________. (Points : 1) must be paid for within 12 months never have level payment terms do not need to utilize present value concepts since the money is paid off in a relatively short period of time may include principal and interest in each payment
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Question 1.1. Preferred
Stock____________________________________________. (Points : 1)
generally
offers investors voting rights rarely has additional paid in capital associated with it has dividend preference rarely has fixed liquidation provisions Question 2.2. Long-Term Notes Payable____________________________________. (Points : 1) must be paid for within 12 months never have level payment terms do not need to utilize present value concepts since the money is paid off in a relatively short period of time may include principal and interest in each payment Question 3.3. A bond payable is__________________________________________. (Points : 1) a financial instrument whereby the issuing company receives an upfront cash payment in exchange for a promise to make periodic interest payments and repay the face amount of the bond at a fixed maturity date a way for an organization to borrow money without paying interest never secured never convertible to company common stock Question 4.4. A bond payable is__________________________________________. (Points : 1) required to be issued at par value always required to establish a sinking fund always going to pay no more and no less than face value, plus interest, to the investor at maturity considered a more risky investment than an equity issue Question 5.5. Managerial Accounting______________________________________. (Points : 1) focuses on reporting in support of business management processes presents managerial reports prepared in accordance with GAAP information is centered on products, departments, and activities encompasses more than one of these suggested uses. Question 6.6. Variable costs_____________________________________________. (Points : 1) change unpredictably which is why they are considered variable costs vary in direct proportion to changes in the level of an activity remain constant over some relevant range are not addressed correctly by any of the answers suggested here. Question 7.7. Fixed costs_______________________________________________. (Points : 1) change with the volume of a firms activities remain constant regardless of activity levels within the organization remain constant over some relevant range of activities remain constant until the next budgeting cycle is completed Question 8.8. All of the following are considered a fixed cost except______________. (Points : 1) direct labor depreciation rent insurance Question 9.9. All of the following a considered a product cost except_____________. (Points : 1) direct material direct labor marketing factory overhead Question 10.10. Inventory can consist of_____________________________________. (Points : 1) cost of goods sold work in process raw materials two of the items suggested here |
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