Question 21

All nonprofit bond issuances have tax-exempt interest.

Question 21 options:

	True
	False

Question 22

Level principal payment schedules have the same total payment amount due each period.

Question 22 options:

	True
	False

Question 23

Long-term investments should only include funds that won't be needed within one year.

Question 23 options:

	True
	False

Question 24

Operating reserves need to be invested in safe and liquid investment vehicles to generate market returns.

Question 24 options:

	True
	False