Which of the Following Best Describes a Characteristic of a Bond

question 1

Multiple Choice

Which of the following best describes a characteristic of a bond?

• A)The maturity of a bond refers to the amount to be paid back.
• B)The principal of the bond refers to the person selling the bond.
• C)A bond buyer cannot sell a bond before it matures.
• D)The interest paid by a bond depends on its price.

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Definitions:

Cost Center

A department or unit within an organization that does not directly contribute to profit but incurs costs for its operation.

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.

Queue Time

The duration a product or job order spends waiting to be processed, not including the time actually taken to complete the task.

Non-value-added Time

Time during production that does not directly contribute to the final value of the product, such as waiting times or transportation of goods.