When Bonds Are Retired at Maturity ________

question 132

Multiple Choice

When bonds are retired at maturity ________.

• A) the bondholders are paid the face value plus the unamortized premium or less the unamortized discount
• B) the carrying value equals the face value plus the unamortized premium or less the unamortized discount
• C) the carrying value always equals the face value
• D) the entry to retire the bonds may include a gain or loss on retirement of bonds

---

Definitions:

Financial Systems

Complex systems comprising various institutions, such as banks and markets, that together facilitate the flow of money and investments within an economy.

Real-World Applications

Practical uses or implementations of theories, concepts, or technologies in everyday life or specific industries.

Cross-Departmental Processes

Activities and workflows that involve collaboration and interaction between different departments or units within an organization.

Cloud-Based ERP

Enterprise Resource Planning systems that are hosted on a vendor's cloud platform rather than an organization’s own servers, facilitating access from anywhere via the Internet.