All of the Following Are Examples of Derivative Instruments Except

question 33

Multiple Choice

All of the following are examples of derivative instruments except:

• A)Currency swaps
• B)Retractable preferred shares
• C)Foreign exchange forward contracts
• D)Interest rate swaps

---

Definitions:

Transfer Payments

Payments made by governments to individuals or other government entities without receiving any goods or services in return, such as welfare benefits or subsidies.

Uncontrollable Budget Items

Government expenditures that are considered mandatory and not subject to annual review or adjustment by Congress, such as interest payments on national debt.

Congressional Committee Framework

The organizational system of committees within the United States Congress, designed to facilitate detailed examination and discussion of legislative proposals.

Budget Process

A systematic method used by organizations or governments to allocate resources, assess revenues, and determine expenditures for a specific time period.