Question: 1
If the market rate of interest is [List A] the coupon rate when bonds are issued, then the bonds will sell in the market at a price [List B] the face value and the issuing firm will record a [List C] on bonds payable.
Question: 2
Which of the following best describes the lessee's accounting for operating and finance leases?
Question: 3
Preferred stock has [List A] like common stock and [List B] payment like bonds.
Question: 4
Countries X and Y both have freely floating exchange rate systems and an active trading relationship. If incomes [List A] in country X while all other factors remain unchanged, then the currency of country X will tend to [List B] relative to the currency of country Y.
Question: 5
According to IIA guidance, which of the following steps are most important for an internal auditor to perform when evaluating an organization's social and environmental impact on the local community?
*Determine whether previous incidents have been reported, managed, and resolved.
*Determine whether a business contingency plan exists.
*Determine the extent of transparency in reporting.
*Determine whether a cost/benefit analysis was performed for all related projects.
