Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Multiple Choice Question 152 par. either discount or premium. a discount. a prem

ID: 2601416 • Letter: M

Question

Multiple Choice Question 152

par.

either discount or premium.

a discount.

a premium.

Multiple Choice Question 161

adjusted to a higher rate of interest.

higher than the market rate of interest.

lower than the market rate of interest.

too low to attract investors.

Multiple Choice Question 195

only a loss on redemption can be recorded.

only a gain on redemption can be recorded.

either a gain or a loss on redemption can be recorded.

neither a gain nor a loss on redemption can be recorded.

Multiple Choice Question 169

increasing the amount of cash paid for interest each 6 months.

causing the total cost of borrowing to be higher than the bond interest paid.

causing the total cost of borrowing to be lower than the bond interest paid.

raising the effective interest rate above the state interest rate.

Multiple Choice Question 177

Bond discount should be amortized to comply with

the historical cost principle.

the expense recognition principle.

the revenue recognition principle.

conservatism.

par.

Explanation / Answer

Question 152

At discount reason being market interest is higher but bond is taking lesser interest as stated interest.

MCQ 161

Stated interest is Higher than market interest bond will be sold at higher price.

McQ195

Either a gain or loss is recorded.

Mcq 169

Causing the total cost of borrowing to be higher than the bond interest paid

McQ177

The revenue recognition