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Which One of the Following Statements Is False

Question 9

Multiple Choice

Which one of the following statements is false?


A) Financial executives must design financial securities to meet the needs of the firm and its investors.
B) Financial instruments are subject to full disclosure requirements.
C) Financial instruments are greatly constrained by law and regulation.
D) Financial instruments are claims against a company's cash flows and assets.
E) None of the above.

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