If a Company Issues a Non-Interest-Bearing Note Payable, Then

question 39

Multiple Choice

If a company issues a non-interest-bearing note payable, then

• A)the cash received will exceed the maturity value of the note.
• B)the interest is not accrued.
• C)the cash received will be less than the maturity value of the note.
• D)the cash received will be more than the maturity value of the note.

---

Definitions:

National Security Council (NSC)

A federal agency responsible for advising the President on national security and foreign policy matters.

Advisers (CEA)

Members of the Council of Economic Advisers, a group of economists who advise the President of the United States on economic policy.

Energetic Executive

A term often used to describe a presidency that is active, decisive, and strong in leadership, typically pushing forward policies and asserting control.