Which of These Statements About Processes Is NOT True

question 15

Multiple Choice

Which of these statements about processes is NOT true?

• A)A process can have its own set of objectives.
• B)A process can involve work flow that cuts across departmental boundaries.
• C)A process can require resources from several departments.
• D)A process can exist without customers.

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Definitions:

Face Value

The nominal or stated value of a financial instrument, such as a bond or stock, as defined by the issuer.

Bond Issue

A bond issue refers to the process by which a corporation or government raises funds by issuing bonds to investors, which are debt securities promising to repay the principal along with interest.

Bond Discount

The difference between the bond's face value and its selling price when the bond is sold for less than its face value.

Premium on Bonds

The amount by which the price paid for a bond exceeds its face value, typically because the interest rate it pays is higher than the market rate.