Today,almost all bond ownership records are maintained using a process called:
A)certified registration.
B)book entry.
C)revenue recognition process.
D)coupon registration.
E)general obligation process.

Question

Quizplus · Accepted Answer

Book entry is a modern form of bond ownership recordkeeping that involves keeping electronic records of bond ownership without physical certificates. This process has largely replaced the traditional process of physical bond certificates in modern financial markets, making it the most likely answer out of the given options.

Today,almost All Bond Ownership Records Are Maintained Using a Process