A Long-Term Note Secured by Collateral May Be Referred to as a

question 62

Multiple Choice

A long-term note secured by collateral may be referred to as a

• A)premium.
• B)debenture.
• C)bond.
• D)mortgage.

Understand the principles of disposal, including depreciation recording and impact on financial statements.

Calculate gain or loss on the disposal of an asset.

Distinguish between book value and fair market value at the time of sale.

Identify the financial statement sections where losses and gains on disposals are reported.

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Definitions:

Social Validity

A term used to describe both target behaviors and the outcome of intervention. Social validity refers to the extent to which behaviors targeted for intervention and the effects of intervention enhance the quality of students’ lives.

Replacement Behavior

A behavior that is taught and reinforced to replace an undesirable behavior in a positive manner.

Contextual Hypotheses

Theories or assumptions that explain how the context or environment influences behaviors, thoughts, or outcomes.

Curriculum Modifications

Adjustments or changes made to the educational content or delivery methods to meet the diverse needs of learners.