Refer to the Given List of Assets

question 190

Multiple Choice

Refer to the given list of assets. 1. Large-denominated ($100,000 and over) time deposits
2) Savings deposits
3) Currency (coins and paper money) in circulation
4) Small-denominated (under $100,000) time deposits
5) Stock certificates
6) Checkable deposits
7) Money market deposit accounts
8) Money market mutual fund balances held by individuals
9) Money market mutual fund balances held by businesses
10) Currency held in bank vaults
Which of the following are considered to be near monies?

• A) items 2, 5, 8, and 9
• B) all items except for 3
• C) items 2, 4, 7, and 8
• D) items 1, 5, and 10

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Definitions:

Responsibility

The obligation to act ethically and accountably in roles or tasks assigned to an individual or organization.

Primary Market

A marketplace where issuers sell new securities directly to investors for the first time.

Public Offering

The sale of equity shares or other financial instruments to the public for the first time.

Computer Industry

A sector of the economy that encompasses businesses involved in manufacturing, developing, and selling computer hardware, software, and services.