Which of the Following Practices Would Not Be Considered Ethical

question 191

Multiple Choice

Which of the following practices would not be considered ethical?

• A)Failing to record an expense even though cash has been paid.
• B)Recording 31 days of sales in April.
• C)Using the cash basis of accounting.
• D)Adjusting the accounts after a trial balance has been prepared.

Determine the price of a bond based on its coupon rate, market rate, and time to maturity.

Identify the impact of call features on bond pricing and risk.

Analyze the market price of bonds in relation to their face value and market interest rates.

Understand the concept and implications of bond ratings on yield and pricing.

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Definitions:

Investing Activities

Part of the cash flow statement that shows the cash spent on and generated from investment-related activities such as purchases and sales of physical assets or securities.

Cash Inflows

Funds being received by a business from any source, including sales, investment income, or financing activities.

Cash Outflows

Money leaving a business through expenses, investments, and other financial activities, reducing the cash balance.

Operating Activities

Business activities directly related to the production and delivery of goods and services, which are reflected in the cash flow statement.