Which of the Following Is Likely to Be Used by a Bond

question 19

Multiple Choice

Which of the following is likely to be used by a bond rating agency to rate the general obligations bonds of a governmental entity?

• A)A review of the Basic Financial Statements.
• B)Consideration of economic statistics such as unemployment rates.
• C)Consideration of legal debt margin.
• D)All of the above.

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Definitions:

McDonaldization

A term used to describe the process by which the principles of the fast-food industry, such as efficiency and uniformity, are coming to dominate other sectors of society.

Work Clock

A device or system used to track and record the hours worked by an employee.

Consumerism

The cultural orientation that encourages the acquisition of goods and services in ever-increasing amounts.

Commodification

Commodification is the transformation of goods, services, ideas, or people into commodities or objects of trade, often critiqued for reducing the value of human relationships or cultures to economic transactions.