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Author Question: An example of a corrective control is requiring that on a regular basis management must follow up on ... (Read 38 times)

saraeharris

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on: Jul 5, 2018
An example of a corrective control is requiring that on a regular basis management must follow up on all errors and irregularities identified.
 
  Indicate whether the statement is true or false

Question 2

On December 31, IOU Corporation issued 100,000 of 10-year, 8 bonds at 98. The bonds pay interest annually on December 31. How much cash did IOU Corporation receive when the bonds were issued?
 
  A) 784,000
  B) 100,000
  C) 108,000
  D) 98,000


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chevyboi1976

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Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


saraeharris

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

nathang24

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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