All of the following liabilities would be valued at their present value except?
A)Bonds payable
B)Pension obligations
C)Unearned revenue
D)10-year mortgage

Question

Quizplus · Accepted Answer

Unearned revenue is not valued at its present value because it represents cash received in advance for services or goods to be provided in the future. It is recognized at the amount received and does not involve estimating future cash flows and discounting them back to their present value, unlike bonds payable, pension obligations, and long-term mortgages, which are typically valued at present value due to the time value of money.

All of the Following Liabilities Would Be Valued at Their