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H3Ko H3Ko
wrote...
Posts: 4891
3 years ago
Which of the following describes a secured bond?
A) a bond that matures at one specified time
B) a bond that is backed by issuer's specific assets
C) a bond that is not backed by specific assets
D) a bond that matures in installments at regular intervals
Textbook 

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 2542
3 years ago
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wrote...
3 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
wrote...
3 years ago
When I saw your question, I couldn't resist, it's pretty simple
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