Which of the Following Statements Is False

question 48

Multiple Choice

Which of the following statements is false?

• A) Mortgage-backed securities, such as GNMAs, are pass-through securities. That is, each security is backed by an underlying portfolio or pool of mortgages.
• B) The Government National Mortgage Association (GNMA, or "Ginnie Mae") is an example of an enterprise; the Student Loan Marketing Association ("Sallie Mae") is an example of a government-sponsored agency.
• C) Sovereign debt is debt issued by national governments.
• D) Agency securities are issued by agencies of the U.S. government or by U.S. government sponsored enterprises.

---

Definitions:

Complex Challenges

Complex challenges are problems characterized by their multifaceted nature, requiring innovative and often multidisciplinary approaches to solve.

Collaboration

Collaborating to overcome complicated obstacles.

Unified Communications

A system that integrates various communication tools and platforms within an organization into a single, cohesive interface.

Intranets

Private networks accessible only to an organization's staff, often used to share information, tools, and resources internally.