Mock test 1

Finance Junkie
Posts: 89
Joined: Sat Sep 22, 2012 12:35 pm

Mock test 1

Postby AMITAG1990 » Wed Nov 07, 2012 8:30 pm

Moody’s recently gave a rating of A to Dexter Incorporation and stated that the credit outlook is developing/evolving. What does this mean?
Choose one answer.
a. Dexter has still not been rated. Incorrect
b. Dexter is a developing/evolving company and hence the credit rating will improve with time. Correct
c. The rating for Dexter might go up or down in the future from its current rating. Incorrect
d. An event of extreme importance has taken place whose rating impact has not been assessed on Dexter and the same is being incorporated in the rating.

Hey Guys answer of this question is wrong in mock test, correct answer is C as per core reading.


Finance Junkie
Posts: 356
Joined: Wed Apr 11, 2012 11:26 am

Re: Mock test 1

Postby content.pristine » Fri Nov 09, 2012 1:10 pm

You are correct.
The answer is C

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