SIE Knowledge of Capital Markets Practice Question 3

Correct Answer: C

Explanation:

C: The primary role of the Department of the Treasury is administering federal finances, which involves receiving taxes through the IRS, paying bills, managing currency, and handling the federal government's accounts, including the public debt. Choice A is handled by the Federal Reserve. Choice B is handled by Congress. Choice D may be an indirect result of the Department of Treasury following laws and referring infractions that come to its attention to the Department of Justice.