A Company Issued 5-Year,7% Bonds with a Par Value of $100,000.The

question 64

Multiple Choice

A company issued 5-year,7% bonds with a par value of $100,000.The market rate when the bonds were issued was 6.5%.The company received $102,105 cash for the bonds.Using the straight-line method,the amount of recorded interest expense for the first semiannual interest period is:

• A)$3,289.50.
• B)$3,500.00.
• C)$3,613,70.
• D)$6,633.70.
• E)$7,000.00.

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Definitions:

Behaviourally Anchored Rating Scale

A method of evaluating employees' performance using specific examples of behaviours tied to numerical ratings, to provide a more objective assessment.

Behaviour Observation Scale

A method used in performance management that rates employee behavior in terms of specific examples of job-relevant behavior.

Ranking Method

A method used in various contexts to arrange items or individuals in order based on certain criteria, often for evaluation or prioritization purposes.

Forced Distribution Method

A performance management system where employees are ranked in groups and forced into predetermined categories, such as top, middle, and bottom performers.