Which One of the Following Is an Account Used to Provide

question 3

Multiple Choice

Which one of the following is an account used to provide for scheduled redemptions of outstanding bonds?

• A)redemption fund
• B)sinking fund
• C)liquidation account
• D)serial account
• E)callable account

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The practice of understanding and applying guidelines or criteria in a specific area, often to ensure consistency and quality.

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The organized pattern of social relationships and social institutions that together compose society.

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