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Exam IIA-CIA-Part3 topic 2 question 355 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 355
Topic #: 2
[All IIA-CIA-Part3 Questions]

Which of the following is true regarding bonds?

  • A. Bondholders do not have voting rights but obtain corporate control via interest pay-outs.
  • B. Debenture bonds are rarely used by organizations with good credit ratings.
  • C. Using bonds involves paying interest on a periodic basis and repaying the principal at the due date.
  • D. Debenture bonds have specific assets pledged by the organization as collateral for the bonds.
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Suggested Answer: C 🗳️
by [deleted] at Sept. 11, 2025, 6:25 a.m.

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2 months, 2 weeks ago
Selected Answer: B
It can't be [Option X] because of [reason]. It can't be [Option Y] because... So it must be B.
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