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If a sexual harassment complaint is filed, an employer is legally obligated to take immediate corrective actions. Which of the following is NOT one of those actions?
Interest Expense
This represents the cost incurred by an entity for borrowed funds, which can include loans, bonds, or lines of credit.
Cash Payment
A transfer of cash from one party to another, often as payment for goods or services.
Bond Discount Amortization
This is the process of gradually expensing the difference between a bond's face value and its purchase price over its life, reflecting an increase in the bond's book value.
Straight-Line Amortization
A method of uniformly reducing the book value of an intangible asset over its useful life.