Which of the Following Statements Is False

question 90

Multiple Choice

Which of the following statements is false?

• A) Any bond sold outside the country of the borrower is called an international bond.
• B) Foreign bonds and Eurobonds are two important types of international bonds.
• C) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
• D) The term Eurobond specifically applies to any foreign bonds denominated in U.S.currency.
• E) None of the above.

---

Definitions:

Cash Account

A cash account is a business or brokerage account that requires the account holder to pay the full amount for securities purchased.

Debiting

The process of recording an entry on the left side of the accounting ledger, indicating an increase in assets or expenses, or a decrease in liabilities, equity, or income.

Consuming Goods

Goods that are used by consumers and are typically expended when used, opposed to durable goods which are designed to last for a prolonged period.

Generating Revenues

Generating revenues refers to the process through which a business earns money by selling goods or providing services.