The Middle Pair of Digits in the Middle-Digit Filing System

question 22

Multiple Choice

The middle pair of digits in the middle-digit filing system are considered which of the following?

• A)Primary
• B)Secondary  
• C)Third
• D)None of the above

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Definitions:

Securities

Financial instruments representing ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives).

Asset

Any resource owned or controlled by a business or an individual with the expectation that it will provide future economic benefits.

Articles Of Incorporation

Legal documents filed with a government body to legally document the creation of a corporation.

Indenture Contract

A formal legal agreement, bond, or document specifying the terms and conditions between parties, often used in finance for bonds or loans.