SIE Exam Practice Question 816
Question: 816
A __________ is issued by a governmental body to finance a specific project. It is not backed by the full faith and credit of the issuing body.
Correct Answer: D
Explanation:
A revenue bond is issued by a governmental body to finance a specific project. It is not backed by the full faith and credit of the issuing body. Instead, debts are repaid from revenue generated from the project that was financed.
More Tests
- SIE Exam Practice Test 1
- SIE Exam Practice Test 2
- SIE Exam Practice Test 3
- SIE Exam Practice Test 4
- SIE Exam Practice Test 5
- SIE Exam Practice Test 6
- SIE Exam Practice Test 7
- SIE Exam Practice Test 8
- SIE Exam Practice Test 9
- SIE Exam Practice Test 10
- SIE Exam Practice Test 11
- SIE Exam Practice Test 12
- SIE Exam Practice Test 13
- SIE Exam Practice Test 14
- SIE Exam Practice Test 15
- SIE Exam Practice Test 16
- SIE Exam Practice Test 17
- SIE Exam Practice Test 18
- SIE Exam Practice Test 19
- SIE Exam Practice Test 20