According to the Textbook, the Two Main Drawbacks of Plans

question 22

Multiple Choice

According to the textbook, the two main drawbacks of plans are that ____ and ____.

• A) they can be discouraging if they are too rigid and detailed; they tend to be overly optimistic
• B) they can be discouraging if they are too rigid and detailed; they tend to be anxiety-provoking
• C) they tend to distract people from actually completing the tasks at hand; they tend to be overly optimistic
• D) they tend to distract people from actually completing the tasks at hand; they often fail to prioritize the most important things

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Definitions:

Interest

The cost of borrowing money, expressed as a percentage of the total amount loaned, or the income earned on invested capital.

Bonds Discount

The difference when bonds are sold for less than their face value.

Bonds Premium

The amount by which the price of a bond exceeds its face value, typically because the market interest rate is below the coupon rate of the bond.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its principal amount or face value.