Payroll Activation -

question 16

Multiple Choice

Payroll activation -

• A) is not required for the Student version of Sage 50
• B) is required before you can open a Sage 50 data file that uses payroll
• C) is required within 15 days of starting to use the Sage 50 program
• D) is required for all versions of the Sage 50 program before you can use the payroll features

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Definitions:

Capital Market Instruments

Financial securities used in the capital markets to raise funds or investment, including stocks, bonds, debentures, and other vehicles.

Commercial Loan

A debt-based financial agreement between a business and a financial institution, used for funding major capital expenditures or operational costs.

Money Market Mutual Funds

Money Market Mutual Funds are investment funds that invest in short-term debt securities and aim to provide returns with minimal risk.

Indirect Finance

Indirect finance occurs when borrowers and lenders exchange funds through an intermediary, usually a bank or financial institution, rather than directly between themselves.