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.
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.