Which of the following long-term liability accounts would be considered financial debt?

Question

Quizplus · Accepted Answer

Mortgage bonds and foreign borrowings are financial debts because they involve borrowing money from external sources that must be repaid with interest. Pension obligations, on the other hand, are considered non-financial debt as they represent future employee benefits and are typically funded through a company's earnings and investments. Mortgage bonds and foreign borrowings are considered financial debt because they involve borrowing money from outside sources and paying back with interest. Pension obligations, on the other hand, represent the company's obligation to pay pensions to its employees and are not considered financial debt.

Which of the Following Long-Term Liability Accounts Would Be Considered