Which of the Following Would Not Be Considered a Money

question 52

Multiple Choice

Which of the following would not be considered a money market instrument?

• A) Canadian Treasury bill with 91 days until maturity
• B) Commercial paper with 180 days until maturity
• C) Certificate of deposit with 15 months until maturity
• D) A repurchase agreement, backed by U.S. government securities, with less than one week until maturity

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Definitions:

Employee Benefits

Non-wage compensations provided to employees in addition to their regular salaries or wages, such as health insurance, retirement plans, and paid time off.

Costs of Turnover

Expenses associated with an employee leaving a company, including recruitment, training, and lost productivity costs.

Medical Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, offering protection against high healthcare costs.

Vesting Rights

Guarantee that when employees become participants in a pension plan and work a specified number of years, they will receive a pension at retirement age, regardless of whether they remained with the employer.