Which of the Following Is Not a Correct Statement

question 1

Multiple Choice

Which of the following is not a correct statement?

• A)Treasury inflation-protected securities have fixed coupon rates.
• B)The federal government adjusts the par value of Treasury inflation-protected securities at the rate of inflation.
• C)At maturity, investor in Treasury inflation-protected securities receives an inflation-adjusted principal amount.
• D)All of these statements are correct.

---

Definitions:

Activity Level

The volume of work or the number of transactions handled by a business or department, which can drive the allocation of costs based on activity-based costing principles.

Fixed Costs

Overheads that stay the same no matter the quantity of goods produced or sold, like rent, salaries, and insurance.

Activity Level

A measure of the volume of work or production capability, often used in cost accounting to determine appropriate cost allocations.

Unit Variable Cost

The cost directly associated with producing each unit of output, varying with the level of production or sales volume.