Question 2 (1 point) The book value of a plant asset is the amount originally paid for the asset less the expected residual value True False Question 3 (1 point) Current liabilities are expected to be paid within one year or the operating cycle, whichever is longer. True False Question 4 (1 point) Most notes are not interest bearing True False Question 5 (1 point) Secured bonds have specific assets of the issuer pledged as collateral for bonds True False Question 6 (1 point) Bonds prices are quoted as a percentage of face value True False