Indicate whether each statement below is (i) always true, (ii) sometimes true, or (iii) never true. For

Question:

Indicate whether each statement below is (i) always true, (ii) sometimes true, or (iii) never true. For statements that are (ii) sometimes true, explain when the statement is true.
a. All five business processes discussed in the text are required to create value for stakeholders.
b. Companies with long-term debt establish sinking funds.
c. Conversion process forms are paper-based.
d. Individual units of product in a process costing system are homogeneous.
e. Information technology eliminates the problem of accounts receivable lapping.
f. Separation of duties can be applied to fixed assets used in the conversion process.
g. The “date of record” determines who receives dividends on capital stock.
h. The par value of a share of capital stock is determined by the stock market.
i. The total cost of a batch of units should be calculated and stored in a relational database table.
j. With respect to long-term debt, the “coupon interest rate” and the “market interest rate” are two ways of referring to the same thing. Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: