Match These Terms with Their Definitions

question 141

Multiple Choice

Match these terms with their definitions.
-a type of liability which requires the issuing entity to pay the face value to the holder on the maturity date and to pay interest periodically at a specified rate

• A)bond
• B)contract, coupon, stated rate
• C)discount
• D)effective interest rate method
• E)face value, par value, principal
• F)interest amortization
• G)lease
• H)lessee
• I)lessor
• J)leverage
• K)long-term debt
• L)market rate, yield
• M)maturity
• N)premium
• O)straight-line method

---

Definitions:

Revenue Expenditures

Expenditures that are immediately charged against revenues in the period they are incurred, typically related to the maintenance and repair of assets.