Match the Following Bond and Long-Term Liability Related Terms to the Appropriate

question 183

Multiple Choice

Match the following bond and long-term liability related terms to the appropriate definition.
-The excess of the issue price over the face value of bonds.It occurs when the face rate on the bonds exceeds the market rate.

• A)Long-term liability
• B)Face value
• C)Debenture bonds
• D)Serial bonds
• E)Callable bonds
• F)Face rate of interest
• G)Market rate of interest
• H)Bond issue price
• I)Premium
• J)Discount
• K)Effective interest method of amortization
• L)Carrying value
• M)Gain or loss on redemption

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Definitions:

Cross-functional Teams

Groups that consist of members from different functional areas within an organization, working towards a common goal.

Virtual Teams

Teams that interact through electronic communications and are often geographically dispersed.

Information Sharing

The exchange of data, knowledge, or information between individuals, teams, or organizations.

Asynchronous

Communication or processes that do not occur in real-time and can be accessed or responded to at different times by different individuals.