Which One of the Following Statements Is Not Correct

question 59

Multiple Choice

Which one of the following statements is not correct?

• A) AAA bonds are the safest bond investment.
• B) Speculative grade bonds require high yields.
• C) Large, well-established companies always have speculative grade ratings.
• D) Speculative bonds are also called junk bonds.

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Definitions:

Wholesaling Department

A department within a company responsible for selling products in bulk to retailers or other distributors, rather than directly to consumers.

Employee Hours

The total number of hours worked by employees, often used for payroll calculations, productivity analysis, and operational planning.

Space Occupied

The area or volume utilized by an entity or operation within a physical location.

First-In, First-Out

An inventory valuation method where the goods first produced or purchased are the first to be sold, useful in managing inventory and cost of goods sold.