Which of the Following Items Is Not a Cash Equivalent

question 13

Multiple Choice

Which of the following items is not a cash equivalent?

• A) Commercial paper
• B) A three-year Treasury note purchased two months before its maturity
• C) Money market funds
• D) A corporate bond investment which has 5 years until maturity when they are purchased

Understand the concept of culture and norms and their functions within a society.

Recognize the impact of Freudian theory on contemporary psychology and the principles of behaviourism.

Understand the factors influencing an investor's preference between bonds of equal yields but potentially different in other aspects.

Identify and describe components of a bond indenture.

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Definitions:

Majority Voting

A decision-making process whereby a decision is made based on the preference of more than half of the members voting.

Public Good

This is a good that is non-excludable and non-rivalrous in consumption, meaning it can be used by everyone and one's use does not diminish another's.

Costs

The outlay or expenditure (monetary or otherwise) incurred by a business or individual in the process of producing or offering goods and services.

Benefits

The advantages or positive outcomes that come from specific actions, policies, or investments.