A Provision in Which Semiannual or Annual Contributions Are Made

question 30

Multiple Choice

A provision in which semiannual or annual contributions are made by a corporation into a fund administered by a trustee for purposes of debt retirement is referred to as a:

• A)call provision.
• B)put provision.
• C)sinking-fund provision.
• D)serial payment.

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Definitions:

Recall

The act of retrieving information or memories from one's past without specific cues, often tested as a measure of memory.

Recognition

The cognitive process of identifying and acknowledging the presence or existence of something previously seen, heard, or known.

Repetition

The act or process of doing something again, either once or multiple times, often used for emphasis or to reinforce an idea.

Recency Effect

The tendency to remember the most recently presented information best.