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4. Two examples of non-interest bearing liabilities are: A. B. C. D. Accounts payable and notes payable Accounts payable and accruals Notes payable and bonds payable Accruals and bonds payable 3 5. From a tax standpoint, a corporation is better off: A. Paying dividends on stock rather than interest on bonds, and receiving interest on bonds rather than dividends on stock: B. Paying dividends on stock rather than interest on bonds, and receiving dividends on stock rather than interest on bonds: C. Paying interest on bonds rather than dividends on stock, and receiving interest on bonds rather than dividends on stock; D. Paying interest on bonds rather than dividends on stock, and receiving dividends on stock rather than interest on bonds