Moody's and Standard and Poor's Are Agencies That

question 75

Multiple Choice

Moody's and Standard and Poor's are agencies that

• A) help investors collect when corporations default on their bonds.
• B) advise municipal bond issuers on the tax exempt status of their bonds.
• C) produce information about the probability of default on corporate bonds.
• D) maintain liquid markets for corporate bonds.

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Definitions:

Action Planning

A process by which goals are set and strategies are developed for accomplishing the objectives.

Career Development

The ongoing process of managing one's work life, including choice of occupation, career changes, and professional growth.

Protean Career

A career that frequently changes based on changes in the person's interests, abilities, and values and in the work environment.

Development

The acquisition of knowledge, skills, and behaviors that improve an employee's ability to meet changes in job requirements and in customer demands.