Author Question: Refer to the information above. Is IBM's coupon rate higher or lower than the market rate of ... (Read 95 times)

JGIBBSON · **on:** Jul 5, 2018

Refer to the information above. Is IBM's coupon rate higher or lower than the market rate of interest for bonds with an A rating?

A) higher
B) lower
C) the same
D) The answer cannot be determined from the information given.

Question 2

When segregation of duties cannot be effectively implemented because the organization is too small, we may rely on a more intensive implementation of other control plans such as personnel control plans. This is called:
a. collusion controls
b. compensatory controls
c. authorizing controls
d. inventory controls