Short-Term Investments That Are Easily Converted Back to Cash and Are

question 28

Multiple Choice

Short-term investments that are easily converted back to cash and are used by financial managers to achieve higher returns than those offered by checking accounts are:

• A)management vehicles
• B)corporate securities
• C)marketable credits
• D)corporate equities
• E)negotiable securities

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Definitions:

Sample

Subset or portion of a population.

Mean

The average value of a data set, obtained by dividing the sum of all the values by the number of values.

Confidence Interval

A span of numerical values, calculated from statistics of a sample, that is expected to encompass the value of a not yet known population parameter with a certain degree of confidence.

Sample

A subset of individuals or observations selected from a larger population for the purpose of statistical analysis.