The Time Constant RC Has Units Of

question 70

Multiple Choice

The time constant RC has units of:

• A)second/farad
• B)second/ohm
• C)1/second
• D)second/watt
• E)none of these

---

Definitions:

Effective Interest Method

An accounting practice used for calculating the amortized cost of a bond and the interest expense over the bond's life based on the effective interest rate.

Interest Expense

The expenditure related to borrowing funds that an entity faces over a specific duration.

Discount on Bonds Payable

The difference between the face value and the selling price when bonds are sold for less than their face value.

Long-Term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term lease obligations, and pension liabilities.