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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

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