Issuing debentures, notes or mortgages are all examples of increasing long term debt True False

Answer: True

Issuing debentures, notes, or mortgages indeed represents an increase in long-term debt for a company or entity.

1. Debentures are long-term securities yielding a fixed rate of interest that are backed only by the reputation of the issuer rather than by physical assets or collateral. When a company issues debentures, it is effectively borrowing money from investors with the promise to repay the principal along with interest after a specified period.

2. Notes are similar to debentures but can be both long-term and short-term. In the context of long-term debt, when companies issue long-term notes payable, they are also incurring long-term liabilities.

3. Mortgages are loans specifically used to finance the purchase of real estate, where the property serves as collateral. The long-term nature of most mortgages enhances the long-term debt position of the borrower.

Overall, each of these financial instruments contributes to a company’s long-term borrowing, aligning with the definition of long-term debt.