All of the Following Terms Refer to a Similar Cost

question 21

Multiple Choice

All of the following terms refer to a similar cost concept except:

• A)discretionary costs
• B)managed costs
• C)programmed costs
• D)costs to achieve short run goals

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Definitions:

Paid Bondholders

The action of disbursing interest or principal payments to individuals or entities that hold a company's or government's bond.

Accrued Interest

The interest on a loan or bond that has accumulated since the principal investment, or since the last interest payment, if there has been one already.

Using Sinking Fund

The practice of setting aside money over time into a separate account to repay debt or replace a major asset in the future, thus avoiding a large lump-sum expense.

Market Value

Market value is the amount for which something can be sold in a given market at a particular time.