______________ Are Tangible Objects That Are Necessary (Such as Food,clothing,and

question 68

Multiple Choice

______________ are tangible objects that are necessary (such as food,clothing,and shelter) or desired (such as DVDs and electric toothbrushes) .

• A)Products
• B)Materials
• C)Assets
• D)Goods

---

Definitions:

Market Rate

The prevailing rate of interest available in the marketplace for securities or loans.

Bond Issue

The process of offering bonds for sale to investors by an issuer as a method of raising capital.

Discount

A reduction in the normal cost or price of a product or service, or the amount by which a bond is sold below its face value.

Amortization

The process of spreading the cost of an intangible asset over its useful life, thereby reflecting its consumption, depletion, or expense recognition over that period.