Which of the Following Statements Is Not Correct

Multiple Choice

Which of the following statements is not correct?

A) A bond is a certificate allowing the division of a debt between large numbers of investors,each of whom can contribute only a small amount of the debt.
B) If the face value of a bond is important,it makes this lending instrument accessible to a large public.
C) The bond or certificate shows the evidence of the claim held by the bondholder.
D) In the aggregate the bond issue may represent a very large amount of borrowed funds to cover all or part of the company's financing needs.