Secured loans give the bondholders a claim to a specific asset of ...

[NguyenJ]

Secured loans give the bondholders a claim to a specific asset of the company in case of default.
 
  Indicate whether the statement is true or false

Question 2

A check outstanding for two consecutive months will appear only on the first month's bank reconciliation.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[Moriaki]

Answer to Question 1

TRUE

Answer to Question 2

False

[NguyenJ]

TYSM

[covalentbond]

Thanks for the timely response, appreciate it