Which of the Following Statements Is True

question 105

Multiple Choice

Which of the following statements is true?

• A) Treasury bills mature in 2 to 10 years.
• B) Treasury notes mature in 13 or 26 weeks.
• C) Treasury bills,notes,and bonds are considered to be very safe investments.
• D) Municipal bonds are issued to help the federal government build new projects such as highways and stadiums.

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Definitions:

Accounts Payable

Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Office Supplies

Consumable items used in offices on a regular basis, such as paper, pens, and toner cartridges.

Cash Dividends

Dividends paid out in cash by a company from its earnings to its shareholders at declared dividend dates.

Utility Bill

A statement of charges for the consumption of utilities such as electricity, gas, water, or sewage.