Which of the Following Is NOT True with Regard to an Amortization

question 25

Multiple Choice

Which of the following is NOT true with regard to an amortization table?

• A)The interest payment for a period is equal to the periodic interest rate multiplied by the beginning-of-the-period principal balance.
• B)The remaining principal balance at the end of a payment period is equal to the beginning-of-the-period principal less the total payment.
• C)The total payment is calculated by using the present value of an annuity formula.
• D)All of the above are true.

---

Definitions:

Job Satisfaction

A measure of how content an individual is with their job, which can be influenced by various factors such as work environment, compensation, and alignment with personal goals.

Organizational Commitment

Refers to the psychological attachment an employee has towards their organization, including their willingness to exert effort on behalf of the organization.

Organizational Commitment

The level of dedication an individual has towards their organization, often reflected in their willingness to remain with the organization and exert high effort on its behalf.

Organizational Effectiveness

The degree to which an organization achieves its goals and objectives, efficiently utilizes resources, and adapts to its environment.