intermediate acct test bankch【DOC精选】.doc

CHAPTER 14 LONG-TERM LIABILITIES IFRS questions are available at the end of this chapter. TRUe-FALSe—Conceptual Answer No. Description T 1. Bond interest payments. F 2. Debenture bonds. T 3. Definition of serial bonds. F 4. Market rate vs. coupon rate. F 5. Definition of stated interest rate. T 6. Stated rate and coupon rate. F 7. Amortization of premium and discount. F 8. Issuance of bonds. F 9. Interest paid vs. interest expense. T 10. Accounting for bond issue costs. T 11. Refunding of bond issue. F 12. Long-term notes payable. T 13. Implicit interest rate. T 14. Definition of unrealized holiday gain/loss. T 15. Off-balance-sheet financing. T 16. Debt to total assets ratio. F 17. Refinancing long-term debt. F 18. Times interest earned ratio. F *19. Loss recognized on impaired loan. F *20. Gain/loss in troubled debt restructuring. Multiple Choice—Conceptual Answer No. Description a 21. Liability identification. a 22. Bond terms. b 23. Definition of debenture bonds. a P24. Definition of bearer bonds. d S25. Definition of income bonds. a S26. Effective-interest vs. straight-line method. d S27. Interest rate of the bond indenture. d 28. Rate of interest earned by the bondholders. d 29. Calculating the issue price of bonds. d 30. Calculating the issue price of bonds. b 31. Premium and interest rates. a 32. Interest and discount amortization. d 33. Effective-interest amortization method. d 34. Impact of effective-interest method. c 35. Recording bonds issued between interest dates. d 36. Bonds issued at other than an interest date. d 37. Classification of bond issuance costs. c 38. Bond issuance costs. Multiple Choice—Conceptual (cont.) Answer No. Description b 39. Classification of treasury bonds. d 40. Early extinguishment of bonds payable. d 41. Gain or loss on extinguishment of debt. c P42. In-substance defeasance. c P43. Reporting long-term debt. a S44. Debt instrument exchanged for property. d 45. Valuati