All of the Following Are Characteristics of a Good Objective

question 128

Multiple Choice

All of the following are characteristics of a good objective EXCEPT:

• A) profitable
• B) realistic
• C) measurable
• D) time-specific
• E) compared to a benchmark

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Definitions:

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its face value, reflecting higher than market interest rates or an attractive bond feature.

Bond Redemption

The process of repaying the principal amount of a bond at or before its maturity date.

Carrying Value

The book value of an asset as shown in the company's balance sheet, representing the cost of the asset minus accumulated depreciation or amortization.

Effective-Interest Method

A technique used in accounting to allocate the interest expense or income over the life of a financial instrument based on its carrying amount.