Examlex
Match each of the following controls with the assertion for long-term debt that it supports.
-Premiums and discounts on bond and notes payables are properly amortized using the effective interest rate method
Incorporators
Individuals involved in forming a corporation, who sign the articles of incorporation and may act as temporary directors until a board is elected.
Perfunctory
Carried out with a minimum of effort or reflection.
Short-lived
Referring to something that lasts for a brief period of time.
RMBCA
The Revised Model Business Corporation Act, which serves as a guide for states in drafting their corporation statutes.
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