Note disclosures for long-term debt generally include all of the following EXCEPT
A) call provisions and conversion privileges.
B) names of signiﬁcant debt holders.
C) assets pledged as security.
D) restrictions imposed by creditors.

Question

Quizplus · Accepted Answer

Names of significant debt holders are typically not included in note disclosures for long-term debt. The focus is usually on the terms of the debt, such as call provisions, conversion privileges, pledged assets, and creditor-imposed restrictions, rather than on who holds the debt.

Note Disclosures for Long-Term Debt Generally Include All of the Following