What Is the Minimum Rating Required for a Bond to Be

question 70

Multiple Choice

What is the minimum rating required for a bond to be considered investment grade?

• A) AA
• B) A
• C) BBB
• D) BB

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Definitions:

Audit Log

A record that tracks the sequence of activities or changes in a system, often used for security and compliance purposes.

Transaction Journal

A detailed record showing all the financial transactions of a business, used for accounting and auditing purposes.

Internal Control

Processes and procedures implemented by a company to ensure integrity of financial and accounting information, promote accountability, and prevent fraud.

Management Reports

Comprehensive analyses and summaries of financial and operational data, prepared for internal management use.