The 311 Number Has Been Set Aside by the Federal

question 23

Multiple Choice

The 311 number has been set aside by the Federal Communications Commission (FCC) for:

• A) emergency use.
• B) interagency communication.
• C) cell phone use.
• D) nonemergency use.
• E) fire alerts.

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Definitions:

Semiannual Interest

Interest calculated and paid twice a year on an investment or loan.

Issuance Date

The specific date on which a financial instrument, like a bond or stock, is officially issued and typically made available for sale.

Discount Bond

A bond sold for less than its face value and will mature at its face value, resulting in capital appreciation.

Straight-Line Method

A depreciation technique that applies consistent expense allocation over the useful life of a fixed asset (a rephrased definition of Straight-Line Depreciation).