Money market funds (MMF) have all of the following characteristics except
A) money provided by investors is pooled for investment.
B) unlimited check writing.
C) investment in securities with short-term maturities.
D) a low risk of default.
Answer: B
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A. monetary aggregate. B. liquidity total. C. the velocity of money. D. inside money.
The trial balance should
a. only be completed if you think there is a problem; b. list all of the accounts for the business even if they do not have a balance; c. be submitted to the owner as a formal report for the business; d. always balance; e. all of these.
Which of the following key decisions is involved in composing?
A) What must be the purpose of the message? B) Which mode of communication must be used? C) How can the content be revised effectively? D) How can the format be designed for best effect? E) How can the audience and their needs be analyzed?
A balanced scorecard uses only nonfinancial measures to determine how well the organization is doing in view of competing stakeholder concerns.
Answer the following statement true (T) or false (F)