Records Are Arranged by Date in a

question 25

Multiple Choice

Records are arranged by date in a

• A) consecutive numeric file
• B) chronologic file
• C) terminal-digit numeric file
• D) geographic file

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Definitions:

Debt Investments

Investments in bonds or other forms of debt securities that provide the investor with interest income.

Bonds

Fixed income investments representing a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest payments and returns the principal at maturity.

Currency Futures

Financial contracts to exchange a specified amount of a currency at a predetermined future date and price, used to hedge against or speculate on currency movements.

Non-amortized Debt

Debt that is not regularly reduced through payments covering principle and interest over time.