Which of the following is likely to be used by a bond rating agency to rate the general obligations bonds of a governmental entity?

Question

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A bond rating agency would likely use all of the options provided to rate the general obligations bonds of a governmental entity. Reviewing the Basic Financial Statements would provide insight into the financial health and stability of the entity issuing the bonds. Considering economic statistics such as unemployment rates would provide information on the economic conditions of the area where the bonds are being issued. Lastly, the legal debt margin would provide information on the maximum amount of debt the entity is allowed to issue, which can influence the agency's rating.

Which of the Following Is Likely to Be Used by a Bond