If a Government Enters into a Securities Lending Agreement or Reverse

question 59

Multiple Choice

If a government enters into a securities lending agreement or reverse repurchase transaction, they would record as assets

• A)the assets lent and the collateral received which would "double count" the assets.
• B)only the collateral received.
• C)only the assets originally held and lent.
• D)the fair market value of the asset if sold.

---

Definitions:

Body's Response

The ways in which the human body reacts to stimuli, injuries, or infections, often involving the immune system, hormones, and physical changes.

Pharmacology

The branch of medicine concerned with the study of drug action and how medicines affect the body and how the body responds.

Metabolized

The biochemical process by which substances are transformed within an organism's body, resulting in energy production, waste elimination, or other necessary functions.

Liver

A vital organ in the body responsible for detoxification, protein synthesis, and the production of biochemicals necessary for digestion.