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1.
Four types of credit enhancements are offered by state bond banks. Which of the following is NOT out of those enhancements?
2.
Commercial banks issue ______________ which give local governments the money to refinance or refund debt at a lower interest rate.
3.
____________ and ____________ debt issuance, governments must disclose information regarding their debt and financial condition to the municipal securities
market, including the preliminary Official Statement, the audited financial reports, the feasibility study, and other documents relating to the bond sale.
4.
A well-managed risk management program has following preconditions EXCEPT:
5.
Ideally, the risk manager would have academic training, but most learn on the job. Opportunities for training and professional recognition include:
6.
Which of the following is NOT a type of risk?
7.
The risk manager compiles:
8.
All of the following are ways to eliminate risk EXCEPT:
9.
Governments unlike private organizations cannot pay _______ for safety performance.
10.
A building with a replacement value of $1,000,000 has depreciated by 50%. What amount of risk has been unwittingly assumed?