Examlex
Which of the following is not a fringe benefit that might be offered by an employer?
Amortization
The process of spreading out the cost of an intangible asset over its useful life.
Discount on Bonds Payable
The amount by which a bond's selling price is less than its face value or principal amount, typically reflecting market interest rates higher than the bond's coupon rate.
Issued at Face Value
A term indicating that a financial instrument, such as a bond, is sold for its original cost, not at a premium or discount.
Equipment
Tangible property used in operations, such as machinery and office equipment, which is not intended for sale.
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