Which of the following is/are not true?
A)A bond indenture refers to the financial contract underlying bonds.
B)Bonds appear on the balance sheet under the title Bonds Payable.
C)Bonds typically carry maturity dates longer than approximately ten years .
D)Bonds typically involve many lenders instead of a single lender.
E)Firms need not disclose a list of their long-term debt obligations in notes to the financial statements.

Question

Quizplus · Accepted Answer

Firms are required to disclose their long-term debt obligations in notes to the financial statements, including the types and amounts of debt, interest rates and maturity dates.

Which of the Following Is/are Not True