Which Three of the Following Statements Are Correct

question 22

Multiple Choice

Which three of the following statements are correct?

• A) Unit trusts are open- ended collective investment funds.
• B) The foreign exchange markets are those markets in which one currency is exchanged for another.
• C) The money markets are markets in lending and borrowing money for more than two years.
• D) Pension funds typically invest between 40 and 80 per cent of their funds in shares.

Analyze the impact of changes in balance sheet accounts on cash flows.

Compute cash flows associated with the sale or purchase of plant assets.

Calculate depreciation and its effect on cash flow from operating activities.

Explain the treatment of non-cash transactions in the cash flow statement.

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Definitions:

Air Travel Market

The sector of the economy that deals with selling and buying of flight services among airlines and passengers.

Supply Curve

The Supply Curve is a graphical representation showing the relationship between the price of a good and the quantity of the good that producers are willing to supply.

Automobile Supply

The total inventory or production capacity for cars and vehicles available in the market at a given time.

Wage Increase

An upward adjustment in the amount of wages or salary an employee receives for their labor.