In What Quarter of What Fiscal Year Execution Phase) Is

question 19

Multiple Choice

In what quarter of what fiscal year execution phase) is the Federal government today?

• A) First quarter 201_
• B) Second quarter 201_
• C) Third quarter 201 _
• D) Fourth quarter 201_

---

Definitions:

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, entitling them to receive a specified amount of interest and repayment of the principal.

Stockholders

Owners of the stock of the corporation.

Dividends

Payments made by a corporation to its shareholder members, usually distributed from the company's profits.

Liquidation

Occurs when a business is terminated, the assets are sold, and liabilities and partners are paid off.