1. What types of utilities are in operation in the US?: a. Privately-owned b. Cooperatively-owned c. Locally owned d. Federal agencies e. All of the Above f. None of the Above 2. The Pyramid Business Structure consists of?: a. A holding parent company b. Subsidiaries who engage in day- to-day business. c. Administrative subsidiary d. A and B e. A and C f. B and C 3. The best leverage in gain and loss scenarios are: a. Gain = High; Loss = Low b. Gain = Low; Loss = High c. Gain = High; Loss = High d. Gain = Low; Loss = Low e. None of the above.