Which of the Following Statements Are True as Applied to U.S.agency

question 13

Multiple Choice

Which of the following statements are true as applied to U.S.agency debt?
I.It is equally as risky as Treasury debt.
II.It is frequently subject to state taxes.
III.It has the same credit guarantee as U.S.Treasury debt.
IV.It generally has a lower yield than U.S.Treasury debt with the same maturity.

• A) II only
• B) III only
• C) I and III only
• D) III and IV only
• E) I, III, and IV only

---

Definitions:

Materials

The raw inputs used in the manufacturing process to create a finished product.

Weighted-Average Method

A cost accounting method that calculates the cost of equivalent units of production by considering the weight of the cost of current and prior periods' goods.

Equivalent Units

A concept used in cost accounting to express the amount of work done by manufacturers in terms of fully completed units.

Materials

Items or supplies used in the production of goods, considered part of the direct costs in manufacturing.