Which One of the Following Statements Is Correct

question 322

Multiple Choice

Which one of the following statements is correct?

• A) Short-term assets that trade in the money market account mature in two years or less.
• B) Banks forbid the transfer of excess funds from a chequing account into an investment account on a daily basis.
• C) Firms sometimes create a temporary cash surplus because they are saving funds for a major expenditure.
• D) Cyclical firms increase their long-term financing such that they continually have a cash surplus.
• E) Corporations are not permitted to use money market mutual funds but can use bank money market accounts.

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Definitions:

Skill-based Pay Plans

Compensation strategies that reward employees based on the range, depth, or level of skills and competencies they demonstrate, rather than their job title or position.

Psychological Distance

The perception of an object, idea, or situation as being removed from the immediate sensory experience, affecting cognition and decision-making.

Employability

The set of skills, knowledge, understanding, and personal attributes that make an individual more likely to choose and secure occupations in which they can be satisfied and successful.

Continuously Learn

The process of constantly acquiring new knowledge or skills through study or experience.