Joyce Planned to Lose Weight, but Found Out That She

question 2

Multiple Choice

Joyce planned to lose weight, but found out that she is pregnant. However, she continued with her plan to lose about 22 pounds (10kg) anyway. This action may cause the incidence of:

• A) diabetes.
• B) malnutrition.
• C) liver cancer.
• D) prenatal ketosis.
• E) All of these are correct.

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Definitions:

Premium On Bonds Payable

The amount by which the selling price of a bond exceeds its face value, representing an additional cost to the issuer over the bond’s life.

Unearned Revenue

Money received by an entity for a service or product that has yet to be provided or delivered.

Non-Interest-Bearing Note

A promissory note with no stated interest rate, implying that interest is either implied in the transaction price or nonexistent.

Interest Expense

The expenses a company faces for borrowing money, usually shown on the income statement.