Multiple Choice
Which of the following is a required note disclosure regarding long-term debt?
A) A schedule listing each issue of long-term debt sold for governmental activities, showing the amounts originally issued and the range of interest rates to maturity
B) A schedule showing debt service requirements to maturity, including principal and interest, for each of the 5 subsequent years, and in 5-year increments thereafter
C) A schedule showing the purposes of each issue of outstanding long-term governmental activity debt
D) A schedule showing the amounts outstanding on each issue of outstanding long-term debt sold for both governmental and business-type activities
Correct Answer:
Verified
Correct Answer:
Verified
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