Central Vermont Power Issued $200 Million of Bonds to Finance

question 215

True/False

Central Vermont Power issued $200 million of bonds to finance a major upgrade of one of its largest power plants. The issuance of these bonds indicates that Central Vermont utilizes equity capital to meet its long-term financing needs.

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Definitions:

Disciplinary Action

Procedures or measures taken by an organization against employees who violate company policies or engage in misconduct.

Employee Misconduct

Behavior by an employee that is inappropriate or violates company policies or norms, potentially leading to disciplinary action.

Documentation

The collection, creation, and storage of records that provide evidence of transactions, decisions, or processes.

Positive Discipline

A method of teaching and reinforcing good behaviors in the workplace or school settings, focusing on positive interactions rather than punishment.