The Three Major Rating Agencies for Governments Have Each Developed

question 59

Multiple Choice

The three major rating agencies for governments have each developed quantitative tools for assessing credit risk. Which of the following general factors is used by all three rating agencies in assessing credit risk?

• A) Economy.
• B) Budgetary flexibility.
• C) Revenue dispersion.
• D) Geographic location.

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Definitions:

Morale

The overall mood, attitude, satisfaction, and confidence of a workforce or team within an organization.

Wrongful Dismissal

The termination of an employee's contract of employment in violation of the law or contractual terms, often leading to legal action.

Constructive Dismissal

An employer's significant change to an employee's terms of employment without the employee's consent, leading the employee to resign.

Unfair Treatment

Acts of injustice or discrimination in various contexts, including workplaces, based on biases or inequalities.