A Discount on Bonds Payable Occurs When a Company Issues

question 121

True/False

A discount on bonds payable occurs when a company issues bonds with an issue price less than par value.

---

Definitions:

Proactive

Taking initiative by acting in anticipation of future problems, needs, or changes.

HR Forecasting

The process used by human resources to estimate the future demand and supply of employees needed to achieve the company's objectives.

Human Resources

The department within an organization responsible for hiring, administering benefits, and managing employee relations.

Personnel Planning

The process of determining an organization's future personnel needs and developing strategies to meet those needs.