Logical components, unlike physical components, do not need to be installed, configured, and maintained

Economies of scale can be achieved by using facilities more intensively

Indicate whether the statement is true or false.

Different securities issued by the same company have different levels of risk so that:

A) equity (stock) has the highest risk, debt (bonds) the lowest, and preferred stock is in between. B) equity (stock) has the lowest risk, debt (bonds) the highest, and preferred stock is in between. C) Preferred stock has the highest risk because it's an unusual security that doesn't interest many investors, equity (stock) and debt (bonds) are about the same. D) debt is the riskiest security because companies often default on bonds before failing entirely; preferred stock is a little safer than common stock, that's why it's called preferred.