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    Principles of Financial Accounting Study Set 1
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    Exam 15: Non-Current Liabilities
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    Which Is One of the Main Differences Between a Note
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Which Is One of the Main Differences Between a Note

Question 74

Question 74

Multiple Choice

Which is one of the main differences between a note payable and a bond payable?


A) a fixed maturity date
B) interest payments
C) security
D) not usually traded on a public stock exchange

Correct Answer:

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