John Has Added Five Minutes to His Goal Running Time

question 56

Multiple Choice

John has added five minutes to his goal running time after he began noticing it is taking him longer to finish his morning run. According to Brandtstädter, John is said to be engaging in

• A) primary control.
• B) secondary control.
• C) assimilative activities.
• D) accommodative activities.

---

Definitions:

Straight-Line Method

A way of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Premium Amortization

The gradual reduction of the premium paid above the face value of a bond, allocated over the life of the bond.

Bond Premium

The difference between the selling price of a bond and the bond’s face value when the bond is sold for more than par.

Effective-Interest Amortization

A method of amortizing a bond discount or bond premium that reflects the effective interest rate a company pays bondholders over the life of a bond.