Money market securities generally have ____
a. relatively low liquidity, low expected return, and a high degree of credit risk.
b. relatively high liquidity, high expected return, and a high degree of credit risk.
c. relatively low liquidity, high expected return, and a low degree of credit risk.
d. relatively high liquidity, low expected return, and a low degree of credit risk.
d
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Which element below relies on unspoken, but acknowledged power to have managements requests fulfilled?
A. impression management B. silent authority C. coalition formation D. compliance
An intentional tort is one in which the party committing the tort intends to do the act knowing it will cause serious injury
a. True b. False
A void contract imposes certain legal obligations on the parties but is not otherwise enforceable
Indicate whether the statement is true or false
For what funds do budgetary comparisons need to be presented in connection with the basic financial statements?
A. General Fund and all major funds. B. General Fund and major special revenue funds for which a budget is legally adopted. C. General Fund. D. All governmental funds with legally adopted annual budgets.