Amy Is the Only One Person in Her Class Who

question 23

Multiple Choice

Amy is the only one person in her class who is not traditionally college-aged.  She is much older.  She will need to be sure not to __________ her classmates by assuming they are all the same just because they are of the same generation.

• A)stereotype
• B)marginalize
• C)personify
• D)analyze

Identify the various types of financial assets and their characteristics.

Appreciate the mechanisms businesses use to manage risk, particularly through derivatives.

Acknowledge the regulatory environment affecting corporations, especially post-financial crises.

Describe the characteristics and functions of financial intermediaries.

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Definitions:

Credit

A mutual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date with terms specified.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership portion of a company's assets.

Asset

Resources owned or controlled by a company, expected to provide future economic value or benefits.

Owner's Capital

The amount of money and other assets owned by a business's owner after all liabilities have been deducted; also known as owner's equity.