Long-term debts (liabilities)for corporations and governments are known as which of the following?
A) common shares
B) equity funds
C) bonds
D) preferred shares

Question

Quizplus · Accepted Answer

Long-term debts for corporations and governments are typically in the form of bonds, which are issued to investors and paid back with interest over a set period of time. Common shares, equity funds, and preferred shares are all forms of equity, which represent ownership in a business or company and do not constitute a form of debt.

Long-Term Debts (Liabilities)for Corporations and Governments Are Known as Which