Which of the Following Statements Is Correct

question 92

Multiple Choice

Which of the following statements is correct?

• A)Amortization of discount on bonds payable (bond discount)results in an increase in a bond's carrying value.
• B)Amortization of discount on bonds payable (bond discount)results in a decrease in bond interest expense.
• C)Amortization of premium on bonds payable (bond premium)results in an increase in a bond's carrying value.
• D)Amortization of premium on bonds payable (bond premium)results in an increase in bond interest expense.

Understand the nature and consequences of social inequality and uneven development due to globalization.

Comprehend the core arguments of dependency theory regarding the impact of affluent countries on the impoverishment of poorer nations.

Grasp the concept of global citizenship and its significance.

Identify and discuss the positive aspects of globalization and recognize its beneficiaries.

---

Definitions:

Rate of Return

The capital gain or loss realized on an investment over an allocated period, defined as a percentage of the investment’s preliminary cost.

Per Month

A time frame reference indicating occurrences or measurements within a calendar month.

Effective Annual Rate

A financial metric that represents the equivalent annual interest rate taking compounding into account, thus providing a more accurate measure of interest earned or paid over a year.

Compounded Semi-Annually

Interest on an investment is calculated and added to the principal sum of the investment two times a year.