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Bob Was Struggling to Make a Decision

question 34

Multiple Choice

Bob was struggling to make a decision. He had a ton of information that he had compiled from the team and he was feeling bogged down in the details. Which category of listener was he expressing?


Definitions:

Financing Activities

Transactions and business events that affect long-term liabilities and equity of the company, such as issuing bonds or repaying bank loans.

Long-term Assets

Assets that are expected to provide economic benefits over a period longer than one fiscal year, such as land, buildings, and equipment.

Short-term Investments

Financial assets that are expected to be converted into cash or sold within a year.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and so close to their maturity that they present insignificant risk of changes in value due to changes in interest rates.

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