The Term "Strategic Business Unit" Is Often Used to Describe

question 118

Multiple Choice

The term "strategic business unit" is often used to describe a(n) :

• A) investment center.
• B) revenue center.
• C) profit center.
• D) cost center.

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Definitions:

Bondholder

An investor or owner of bonds issued by corporations or governments, entitled to receive interest payments and the principal amount at maturity.

Semiannual Interest

Interest calculated and paid twice a year on investments or loans.

Bond Discount

The difference when the market value of a bond falls below its original principal amount or face value.

Straight-line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its expected useful life.