How Well the Product or Service Does What It Is

question 77

True/False

How well the product or service does what it is intended to do is known as quality of reliability.

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Definitions:

Child Support Payments

Payments made by a non-custodial parent to support their child or children; these are not tax-deductible.

Original Issue Discount

The difference between the par value (or face value) of a bond and the lower price at which it is originally sold, which effectively represents interest paid to the bondholder.

Interest Income

Income earned from the lending of funds or depositing money in interest-bearing accounts.

OID

Original Issue Discount; it refers to the difference between the original issue price of a bond and its maturity value, treated as interest for tax purposes.