Which Term Refers to Open,stated,and Intended Goals or Consequences of Activities

question 83

Multiple Choice

Which term refers to open,stated,and intended goals or consequences of activities within an organization or institution?

• A)latent functions
• B)manifest functions
• C)purposeful functions
• D)planned functions

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Definitions:

Indenture

A formal legal agreement, contract, or document, especially one relating to a loan or bond issue.

Debenture

An unsecured bond.

Sinking Fund

A savings fund accumulated over time for the purpose of paying off debt or replacing a large expense in the future.

Yield to Maturity

The total return anticipated on a bond if the bond is held until its maturity date.