Which of the following is not a component of the money market?
A. Repurchase agreements
B. Eurodollars
C. Real estate investment trusts
D. Money market mutual funds
E. Commercial paper
C. Real estate investment trusts
Real estate investment trusts are not short-term investments.
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When stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the
A) treasurer of the corporation. B) par value of the stock. C) market value of the stock or the market value of the consideration received, whichever is greater. D) market value of the stock or the market value of the consideration received when the market value of the stock cannot be determined.
__________ refers to a clearly defined line of authority in the organization that includes all employees.
A. The scalar principle B. Unity of command C. Work specialization D. Division of labor E. Span of management
A(n) ________ measure of performance is more effective at capturing sustainability improvement
A) scope B) relative C) absolute D) statistical
A firm arranges a discount loan at a 12 percent interest rate, and borrows $100,000 for one year. The stated interest rate is ________ and the effective interest rate is ________
A) 12.00%; 12.00% B) 13.64%; 12.00% C) 12.00%; 13.64% D) 12.00%; 10.71%