What Is the Term Used for When a Client Finds

question 17

Multiple Choice

What is the term used for when a client finds a different AP that can provide a better-quality signal and then associates with the new AP?

• A) reassociation
• B) reconnect
• C) transfer
• D) handoff

---

Definitions:

Premium on Bonds Payable

This is the amount by which the selling price of a bond exceeds its face value or principal amount, typically because the bond's interest rate is higher than the current market rate.

Sold

Refers to the act of transferring ownership of goods or services from one party to another in exchange for money or other assets.

Interest Expense

The cost incurred by an entity for borrowed funds, often documented in the income statement as a non-operating expense.

Annual Payment

A sum of money paid or received once every year, often related to loans, leases, or annuity contracts, as part of the terms of agreement.