Improved Efficiencies Come from Reducing Redundant Operations and ________

question 98

Multiple Choice

Improved efficiencies come from reducing redundant operations and ________.

• A) hiring a new level of middle managers
• B) developing an increased number of production lines
• C) integrating similar firms
• D) trimming the size of combined units

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Definitions:

Semiannually

Occurring twice a year, or every six months.

Bond Interest Expense

The cost incurred by an entity for borrowing funds through issuing bonds, payable to bondholders as interest.

Semiannual

Occurring twice a year; every six months.

Par Value

The face value of a bond or stock, as stated by the issuing company, which often bears no relation to its market value.