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Interest expense will decrease each period if a company uses the effective-interest method of amortization and the bonds are issued at a discount.
Behavior Modification
System of motivation that emphasizes rewarding people for doing the right things and punishing them for doing the wrong things.
Rewarding
Offering satisfaction, happiness, or benefit, especially after an effort.
Behavior Modification
The use of empirically demonstrated techniques to improve behaviors, often by changing the environment’s response to those behaviors.
Motivated
The condition of being eager or willing to act or work toward a goal due to personal desire or external incentive.
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