_____________ is a long-term debt instrument issued by commercial banks in denominations of $500,000 or more with typical maturities ranging from one year to ten years that have an active secondary market that allows long-term investors to easily match their cash or liquidity needs when they arise.

Uncontrollable forces are external forces over which management cannot exert any influence.

a. true b. false

Adjusting entries that should be reversed include those for prepaid or unearned items that

a. create an asset or a liability account. b. were originally entered in a revenue or expense account. c. were originally entered in an asset or liability account. d. create an asset or a liability account and were originally entered in a revenue or expense account.