To Establish the Credit Ratings That Are Used in the Financial

Multiple Choice

To establish the credit ratings that are used in the financial industry to represent the level of default risk associated with a bond, what do credit rating agencies do?

A) Collaborate with governmental taxation and finance departments.
B) Operate within the provincial securities departments.
C) Assess multiple sources and institutions and work independently.
D) Cooperate with national stock exchanges and investment dealers.
E) Interact with the World Bank and International Monetary Fund to accurately assess all relevant risks.