Examlex

Solved

Which of the Following Would Be Considered a One-Time Expense

question 72

Multiple Choice

Which of the following would be considered a one-time expense?


Definitions:

Principal Amount

The original sum of money borrowed in a loan, or the original investment in a financial instrument, before interest.

Maturity Value

Maturity Value is the amount to be paid to the holder of a financial instrument at its maturity date, including the principal and any remaining interest.

Notes Receivable (New)

Financial assets representing written promises for payments to be received by a party, usually including interest.

Related Questions