问题 单项选择题

Which of the following statements about accounting for long-term debt is least accurate()

A. For a bond issued at par, interest expense = coupon rate x face value.  

B. For a discount coupon bond, cash flow from operations will decrease by the amount of the periodic coupon payment.  

C. A bond issued at a discount results in lower cash flow from operations and higher cash flow from financing than a bond issued at a premium.

答案

参考答案:C

解析:

This statement is reversed: a bond issued at a discount produces greater cash flow from operations and lower cash flow from financing than a bond issued at a premium. The other statements are true.

单项选择题
单项选择题