Which One of the Following Is Generally True Concerning Securities

question 64

Multiple Choice

Which one of the following is generally true concerning securities held in street name?

• A)The securities are registered under your mailing address rather than your name.
• B)There is a greater likelihood the security may be stolen.
• C)All dividend checks are mailed to your street address.
• D)The annual stock report is mailed directly to your street address.
• E)The brokerage firm is the owner of record.

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Definitions:

Current Liabilities

A company's debts or obligations that are due to be paid to creditors within one year.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Current Ratio

An indicator assessing a corporation's capability to settle its obligations that are due in less than one year, focusing on short-term liquidity.

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its quick assets.