Financial security which is tax exempted and issues by state governments to individuals is classified as___________?

A: U.S treasury bonds

B: Mortgages

C: Municipal bonds

D: Corporate bonds

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Municipal bonds

Federal government tax revenues if it exceeds government spending then it is classified as___________?

A: Budget surplus

B: Budget deficit

C: Federal reserve

D: Federal budget

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Budget surplus

Step in initial public offering in which hired agents act on behalf of owners is classified as______________?

A: Hiring problems

B: Agency problems

C: Corporation internal problems

D: Corporation external problems

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Agency problems

Mutual fund allows investors to sale out their share during any normal trading hours is classified as____________?

A: Exchange traded fund

B: Management expense

C: Money trade fund

D: Capital trade fund

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Exchange traded fund

Corporations that buy financial instruments with money accepted from savers are classified as_________________?

A: Debit funds

B: Credit funds

C: Mutual funds

D: Insurance funds

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Mutual funds

Process of selling company stock at large to general public and get lending from banks is classified as an_________________?

A: Initial public offering

B: External public offering

C: Internal public offering

D: Unprofessional offering

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Initial public offering

Partners who are only liable for their own part of investment are considered as___________________?

A: Venture partners

B: Corporate partners

C: Limited partners

D: General partners

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Limited partners

Markets which bring closer institutions needing funds and with surplus funds are classified as______________?

A: Financial markets

B: Corporate institutions

C: Hedge firms

D: Retirement planners

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Financial markets

Values recorded as determined in marketplace are considered as_______________?

A: Market values

B: Book values

C: Appreciated values

D: Depreciated values

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Market values

In situation of bankruptcy, stock which is recorded above common stock and below debt account is_____________?

A: Debt liabilities

B: Preferred stock

C: Hybrid stock

D: Common liabilities

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Preferred stock

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