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Chose the Best Answer to Complete the Following Statement: the ICC

question 13

Multiple Choice

Chose the best answer to complete the following statement: The ICC "model" building codes are updated every ________________ years to reflect the latest scientific and engineering principles.


Definitions:

Semiannually

Happens biannually, usually every six months.

Callable Bonds

Bonds that the issuer has the right to redeem before their maturity date at a predetermined price.

Fiscal Year

A 12-month period used for bookkeeping, financial reporting, and tax purposes, which may not coincide with the calendar year.

Interest Payable

The amount of interest expense that has been incurred but not yet paid by a company on its borrowings.

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