Listed Below Are 5 Terms Followed by a List of Phrases

question 228

Multiple Choice

Listed below are 5 terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Warrants

• A)No gain or loss recorded when convertible bond option is exercised.
• B)Requires(s) no cash outflow before maturity.
• C)Often traded separately from associated bonds.
• D)A practical expediency when not misleading.
• E)Additional consideration is recorded as an expense.

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Definitions:

Marginal Principle

A decision-making practice that involves considering the additional benefits or costs of a change in activity level, choosing to increase the level if the marginal benefits exceed marginal costs.

Resources

Assets, materials, or substances available for use in the production process, human activities, or for satisfying needs.

Economists

Professionals who study how societies use scarce resources to produce valuable commodities and distribute them among different people.

Opportunity Cost

Opportunity cost represents the value of the best alternative that is foregone when a choice is made between several mutually exclusive options.