To Correct an Error in a Comment,do Which of the Following

question 50

Multiple Choice

To correct an error in a comment,do which of the following?

• A) Resolve the comment.
• B) Delete the comment.
• C) Reply to the comment.
• D) Edit the comment.

---

Definitions:

Bond Premium

The extra amount by which a bond's market price exceeds its face value.

Annual Interest Expense

The total amount of interest payments a company owes over the course of a year on any borrowed funds.

Premium On Bonds Payable

The excess amount by which bonds are sold over their face value, indicating investors’ willingness to pay more for certain bonds.

Bond Interest Expense

Bond interest expense is the cost incurred by an issuer of bonds for paying interest to the bondholders, typically recognized in the income statement.