Which of the Following Statement Is False

question 12

Multiple Choice

Which of the following statement is false?

• A) DEF Ltd. has received a speculative grade rating as its outstanding rating is B+
• B) Non-Convertible debenture of PQR Ltd. has a speculative rating since its outstanding rating is C
• C) ABC Ltd. short term is BBB- for its commercial paper
• D) XYZ has an investment grade rating as his outstanding rating is A1

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Definitions:

Earned Revenues

Income generated from the normal business operations after the delivery of goods or services to customers.

Prepaid Costs

Expenses paid in advance for goods or services to be received in the future, recorded as assets until they are consumed.

Stockholder Investments

Funds or assets invested by shareholders into a company, contributing to its equity.

Prepaid Expenses

Prepaid expenses are future expenses that have been paid in advance, recognized as assets on a balance sheet until the services or goods are received or the expense is incurred.