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Bizhelp
Bizhelp, Consultant
Category: General
Satisfied Customers: 5884
Experience:  Bachelors degree
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1. The special fund that is set aside to provide for the payment

Customer Question

1. The special fund that is set aside to provide for the payment of bonds at maturity is called a sinking fund. (Points: 5)
True
False


2.
The prices of bonds are quoted as a percentage of the bonds' market value.

(Points: 5)
True
False


3. The fair market value of bond investments should be disclosed, either on the face of the financial statements or in an accompanying note. (Points: 5)
True
False


4. Held-to-maturity securities maturing beyond a year are reported as noncurrent assets. (Points: 5)
True
False


5.
Temporary investments are recorded at their cost which would include broker's commissions.

(Points: 5)
True
False
Submitted: 5 years ago.
Category: General
Expert:  Bizhelp replied 5 years ago.
Hello,

The answers are:

1. True
2. False
3. True
4. True
5. True

Hope this helps!

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