Ünite Sınavı Soruları

1. With respect to whether they are backed by a pledge of some collateral or not, bonds are classified as secured and unsecured bonds.
2. A secured bond is a bond for which a company has pledged specific property to ensure its payment.
3. Secured bonds are backed by a pledge of some collaterals, unsecured bonds are not.
4. Unsecured bonds offer high interest rate, they are not backed by a collateral and very risky
5. Unsecured bonds are also called debenture bonds.

Which of the statements above related to secured and unsecured bonds are correct?

Which of the following is called for bonds issued in the name of the owner?

Face amount minus any unamortized discount or plus any unamortized premium calculation means which of the following?

Which type of bond issues that mature on a single date?

What are the bond issues that mature in installments called?

What is the selling price of a $100,000 bond, due in 5 years with 7% interest payable annually at year-end if at the time of issue market rate for such bonds is 10 percent? 

1. The face value of the bond (the principal amount borrowed)
2. The interest payment pattern (annually, semiannually, etc.)
3. The market interest rate per period
4. Number of periods to maturity

Which of the above do we need to know to calculate the selling price of bonds?

Which of the following describes the bonds issued at discount?

".............. liabilities consist of an expected outflow of resources arising from present obligations that are not payable within a year or the operating cycle of the company whichever is longer."

Which of the following best completes the space left blank in the above sentence?

Anadolu Co. borrowed 10,000 TL from AOF Co. as of January 2, 2019, in return signed a three year, 10 percent annually interest bearing note. The market rate for a note of similar risk is 12 percent. Calculate the first year interest expense.

1. When selling price of a bond is equal to its face value that means it is sold at face value (at par).
2. When selling price of a bond is different from its face value that means it is sold either at premium or discount.
3. Bonds issued at face value (at par value) means stated interest rate is equal to market interest rate and no premium and discount exists.
4. Bonds issued at premium means, market interest rate is less than the stated interest rate of the bond issued.

Which of the statements above related to bond issues are correct?

Which of the following is the amount of bond interest expense minus bond interest paid?

Which of the following is called for bond issues that mature in installments?

Bond issues that give the issuer the right to retire the bonds prior to maturity are called ...............?  

1. Bonds payable
2. Long-term notes payable
3. Mortgages payable
4. Pension liabilities
5. Lease liabilities

Which of the above are examples of longterm liabilities?

Which of the following statements is the main characteristics of bearer bonds?

what is the basic  difference between short term notes payable and long-term notes payable?

What does it mean when a bond is issued at a premium? 

What are the bond issuances maturing on a single date?

Which of the following statements is not correct?