Which of the Following Is Not a Major Participant in the Money

question 6

Multiple Choice

Which of the following is not a major participant in the money market?

• A) Money market mutual funds
• B) Commercial banks
• C) Wall Street dealers
• D) Federal Reserve
• E) U.S. Treasury

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Definitions:

Cash Payments

Transactions that involve the outlay of cash by a business for various purposes, including expenses, acquisitions, or debt repayments.

Cost of Goods Sold

The direct costs attributed to the production of the goods sold by a company, including materials and labor.

Accounts Payable

A liability to a creditor, carried on an open account, usually for purchases of goods and services.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.