Money Market Mutual Funds Are Included in

question 108

Multiple Choice

Money market mutual funds are included in

• A)M1 but not M2.
• B)M1 and M2.
• C)M2 but not M1.
• D)neither M1 or M2.

---

Definitions:

Inventory Policy

Inventory policy refers to the set of guidelines or rules a company follows to manage its inventory levels, ordering, storage, and replenishment to meet customer demand efficiently.

Projected Sales

The estimated revenue that a company expects to generate from goods or services over a specific period.

Merchandise Purchases Budget

A financial plan that estimates the cost of goods that a retailer plans to buy over a certain period to maintain a desired inventory level.

Budgeted Cost

An estimated financial plan for expenditures over a specified period, often used for controlling costs.