Question 24 (1 point) Which of the following statements is correct? All notes contain an interest element because of the time value of money. A long-term note's fair value and present value are always the same. There is no interest included in a zero-interest-bearing note. A note is signed by the payee in favour of the maker. Question 25 (1 point) Accounting information is considered to be relevant when it is verifiable and neutral. is understandable by reasonably informed users of accounting information. can be depended on to represent the economic conditions and events that it is intended to represent. is capable of making a difference in a decision