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Exam Code: PSM-I

Exam Name: Professional Scrum Master I

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Under the Investment Company Act of 1940, an investment company is:
A. any issuer whose primary business involves investing, reinvesting, or trading in securities.
B. any company that holds investment securities that have a value that is greater than 40% of the
company's totalassets.
C. All of the above accurately describe an investment company as defined by the Investment Company
Act of 1940.
D. required to register with the SEC.
Answer: C
Explanation:
All of the choices accurately describe an investment company as defined by the Investment
Company Act of 1940.

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