The Market for Extremely Short Period Loan Is Called

question 3

Multiple Choice

The market for extremely short period loan is called.....................

• A)call money market
• B)money at short notice
• C)T-bill market
• D)G-sec market

---

Definitions:

Total Expenses

The cumulative amount of all costs and expenses incurred by a business during a specified reporting period.

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for a particular cost category or department.

Planning Budget

A planning budget is used for guiding a company's spending and operational goals before the start of a financial period.

Other Expenses

Financial outlays that do not fit into standard cost categories, often including unusual or infrequent costs.